Looking at the FXI chart, I would not buy at this time.
China will be a player in the world economy for the next century but so was the US in 1929.
There are times to invest and times to wait. Now is the time to wait.
The US and the UK will drag down the world economies and with it will come China. Afterwards, China will lead the way out and that's when I will move in.
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Looking at the FXI chart, I would not buy at this time.
Jul 21 12:01 pm
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All Comments by John Pseudonym »The Case for Buying China Now [View article]
China will be a player in the world economy for the next century but so was the US in 1929.
There are times to invest and times to wait. Now is the time to wait.
The US and the UK will drag down the world economies and with it will come China. Afterwards, China will lead the way out and that's when I will move in.