Roger Nusbaum's Market Crash Shelter [View article]
Where China is concerned I think first and foremost about the modernization underway and the raising of the middle class. We would still buy socks and t-shirts at Walmart from China but we may buy fewer $100 sneakers. IMO the hit hit to GDP would be less than some folks think.
I have owned one of the oil stocks for many clients and a telecom name for some clients.
India as an outsourcing destination could see a net benefit.
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Where China is concerned I think first and foremost about the modernization underway and the raising of the middle class. We would still buy socks and t-shirts at Walmart from China but we may buy fewer $100 sneakers. IMO the hit hit to GDP would be less than some folks think.
Nov 19 15:08 pm
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All Comments by Roger Nusbaum »Roger Nusbaum's Market Crash Shelter [View article]
I have owned one of the oil stocks for many clients and a telecom name for some clients.
India as an outsourcing destination could see a net benefit.