Makes you wonder why anyone would invest in China before the Olympics if they could reasonably conclude that the market will be down substantially in the months following the Recession? Correction: following the Olympics?
It may be that the crisis will come this fall in China after the Olympics. The folks will look around and wonder.. all this sacrifice for what? The market (^ssec) is down 70% by the fall and Germany, England, Japan and US are in recession ... exports are falling dramatically ... so what did we gain by the Olympics, they ask the government?
The American investors who have been talked into investing in FXI, (China 25 stock index) will then find their holding severely eroded, following the ^ssec and ^hsi indexes down. Poor things, they just don't have a good place to store their money in a bear market and the talking heads keep giving the wrong advise! A sad situation. Makes you wonder why anyone would invest in China before the Olympics if they could reasonably conclude that the market will be down substantially in the months following the Recession?
U.S. Credit Woes Spill Into China [View article]
Have you heard much about non-performing commercial and industrial real estate loans in China?
What do you expect to happen to the China economy over the next 6 months?
China's Impending Financial Crisis [View article]
China's Impending Financial Crisis [View article]
The American investors who have been talked into investing in FXI, (China 25 stock index) will then find their holding severely eroded, following the ^ssec and ^hsi indexes down. Poor things, they just don't have a good place to store their money in a bear market and the talking heads keep giving the wrong advise! A sad situation. Makes you wonder why anyone would invest in China before the Olympics if they could reasonably conclude that the market will be down substantially in the months following the Recession?