Yet Another Huge Economic Number Coming out of China. Hard to Believe [View article]
I agree with the other commenters. It's amazing to see some clueless American who has probably never left the country pretend to be an expert on China.
Even a cursory glance of some facts would have informed the author that most of the Chinese stimulus package hasn't even kicked in because of troubles with funding at the local level.
You would have made a stronger argument if you would have included bear market years - say take the 20 yr period from 1969 to 1989. Financial market history did not just begin with the advent of the bull market in the early 80s.
Yet Another Huge Economic Number Coming out of China. Hard to Believe [View article]
Even a cursory glance of some facts would have informed the author that most of the Chinese stimulus package hasn't even kicked in because of troubles with funding at the local level.
Buy and Hold Is Alive and Well [View article]