Yet Another Huge Economic Number Coming out of China. Hard to Believe [View article]
China can do a lot of buying (commodities, LCD etc) and stimulus with existing savings and reserves, but the issue is the future. Chinese have huge production over capacity that is geared towards exports - that is a major problem for them - both in the context of jobs and GDP. Their stimulus can not fundamentally change the structure of the economy away from exports or boosting consumerism (away from savings). So this will play out not exactly as scripted over a few years - they will have to go thru their share of pain.
A Critical Day for Commodities: Wheat, Aluminum and Copper
[View article]
We are heading towards a major recession, the D word itself is being bandied about. Stay away from all commodities – these are falling swords – will chop your head, not just your fingers.
Overall market is going much lower, stay defensive, even shorting the market at very rip is still a good idea.
Yet Another Huge Economic Number Coming out of China. Hard to Believe [View article]
A Critical Day for Commodities: Wheat, Aluminum and Copper [View article]
Overall market is going much lower, stay defensive, even shorting the market at very rip is still a good idea.