armadillo

China's Outrageous Rally: Largecaps, Property Stocks Lead

I am wondering where all this Chinese growth is comming from...is it the US housing market and cheap Chinese Imports? If so, the weak dollar will put a serious hurt on these new Chinese longs. I think this recent rally in the US stock market is a flight to relative quality. I am looking for weak US consumers to lead to lower rates and a lower US dollar. Then Chinese Banks fall through the floor followed by their real estate market (or vice versa). We need a fulcrum event first, followed by a recovery then a fade off and fall. What do you think?