Select Chinese Stocks Have a Way to Go [View article]
Google had some sort of really terrible news today; it had to do with some company they're working with, not being compatible with I don't know what, I 'm not sure , some sort of real junky stuff...
As far as China, like India, it's up God knows how much over the past couple years. Given the current credit conditions worldwide, it's a matter of time before the markets over there have a severe correction too. At the rate the HS loses points, which is often 2 or 3 or even 4 percent on any given day, a big news story could send the Asian markets tumbling. Not to squeeze you too tight with my strong frame, but it's happenned before in the not-too-distant past and it's bound to happen again int he not-too-distant future. Our dollar may be in a very low place, but it's given Asian markets a HUGE boost. Also, US and foreign investment in Asia has also seen those markets grow. If too many investors start pulling out for one reason or another, it's going to be bad news. don't forget how notorious banks in China are for their BAD LOANS
Select Chinese Stocks Have a Way to Go [View article]
As far as China, like India, it's up God knows how much over the past couple years. Given the current credit conditions worldwide, it's a matter of time before the markets over there have a severe correction too. At the rate the HS loses points, which is often 2 or 3 or even 4 percent on any given day, a big news story could send the Asian markets tumbling.
Not to squeeze you too tight with my strong frame, but it's happenned before in the not-too-distant past and it's bound to happen again int he not-too-distant future.
Our dollar may be in a very low place, but it's given Asian markets a HUGE boost. Also, US and foreign investment in Asia has also seen those markets grow. If too many investors start pulling out for one reason or another, it's going to be bad news.
don't forget how notorious banks in China are for their BAD LOANS