Oil better goes up or the Arabs will have no money to buy our treasury notes and where would we be then ? Uncle Sam may do something to get the price of oil up - like encourage Israel bombing Iran. That should getthe price of oil up.
Consider how expensive credit is these days, it is remarkable they are investing $ 250 millions in MengNiu 2319.HK. Mengniu jumped 17% in Hong Kong earlier in the trading session but give it all back what with the HSI dropping like a rock.
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Disclosure, 3.5% of my portfolio is in Mengniu.