I bought a stock DFH low and mid teens, have you heard of it?
GBA Presents: House of Gummy-!
- Thread starter stonedinvestor
- Start date
STONEY VICTORIOUS ON 2 ITEMS AT AUCTION// A PRINT AND A MINI PAINTING......
Billionaire Ken Griffin Says the Chinese Equity Market Is Incredibly Attractive
The post “zero-Covid” rebound in China has been something of a disappointment so far. Many thought that the removal of the stringent lockdown policies at the back end of 2022 would lead to an economic revival, but the uptick has been rather muted.
Despite some decent economic data, other issues have come to the fore, such as elevated rates of unemployment among the younger population, a deceleration in manufacturing operations, a challenging housing market, and ongoing geopolitical tensions with the US.
These concerns have seen investors shy away from Chinese stocks, but billionaire Ken Griffin is not in that camp. “There’s a general level of uncertainty as to the level of growth in China today,” Griffin recently noted, “we’re actually more constructive on growth.”
In fact, the founder of the Citadel hedge fund – a firm overseeing around $57 billion in assets – goes on to add that the “scale and scope of the Chinese equity market is incredibly attractive.”
Griffin, who pocketed $4.1 billion in earnings last year, is obviously worth listening to on investing matters. What makes this doubly interesting to us is that this echoes Stonedinvestors feelings.
Billionaire Ken Griffin Says the Chinese Equity Market Is Incredibly Attractive
The post “zero-Covid” rebound in China has been something of a disappointment so far. Many thought that the removal of the stringent lockdown policies at the back end of 2022 would lead to an economic revival, but the uptick has been rather muted.
Despite some decent economic data, other issues have come to the fore, such as elevated rates of unemployment among the younger population, a deceleration in manufacturing operations, a challenging housing market, and ongoing geopolitical tensions with the US.
These concerns have seen investors shy away from Chinese stocks, but billionaire Ken Griffin is not in that camp. “There’s a general level of uncertainty as to the level of growth in China today,” Griffin recently noted, “we’re actually more constructive on growth.”
In fact, the founder of the Citadel hedge fund – a firm overseeing around $57 billion in assets – goes on to add that the “scale and scope of the Chinese equity market is incredibly attractive.”
Griffin, who pocketed $4.1 billion in earnings last year, is obviously worth listening to on investing matters. What makes this doubly interesting to us is that this echoes Stonedinvestors feelings.
Ted- the name is so familiar I believe someone I know had a big position. I just looked it up and it fits with thew current situation which is new builds are benefiting over existing homes. People locked in at a low mortgage refuse to move that lowers the inventory and then you build these " Dream Homes "
Sold at $5-$5.85
Stoney you think GTLB Aug $50c at $3.3-.50 is a deal?
Stoney I have a biotech that looks interesting.
Never heard of it, it's in Ireland.
ALKS $32.93
It's been on the move.
I don’t think Stoney will mind if you wear the Biotech King hat. He’s busy wearing the mechanics outfit on the Jeep.VZ saves the day once again!!!
QURE---> $11.62 (-40%)
South American ETFs were taking out highs. While Chinese were basing stocks from ARCO to YPF are taking out the 52 Week Highs.
Rivian Automotive, Inc. (RIVN)- Is lunch over yet?
NasdaqGS - NasdaqGS Real Time Price.
14.62-1.08 (-6.88%)