Atticvs Research

Hugh Hendry on China – The Emperor Has No Clothes

If you know Hugh Hendry you will know that he is almost completely unable to offer views that are anything but extreme. Accuracy and well balanced arguments are not part of his makeup. He is truly a most dreadful attention seeker, at all cost. I'm not about to defend the ills of China or other countries, nor am I about to sing the praises of the many good things that exist there. But I would urge taking Hugh Hendry's utterances with a good fistfull of salt.

China: New Lending, Money Supply Soars in January

Michael, I believe this January effect is a direct result of the Govt freeze on new lending for the remainder of 2007 which they instigated in October. Thus there was heavy pent-up demand for new loans from the last few months of 2007.