Talk about free money....these markets are actually handing out money...what you can make on your money in one night on the hang seng would literally take over 20-30 years in your US savings account ....its amazing what central banks have done to keep the biggest prop job in history going.....now imagine a global market place where markets are falling to 10 and 15 year lows....is it possible? If markets were falling hundreds of points a day I could guarantee you that emergency meetings would take place around the world to stop the selloff. They would halt all exchanges and add liquidity ....but in an up market where markets are rising 1-3% a week...there is no such thing as halting a market on the upside ...on the downside ...well the central banks will have no problem stepping in to keep it propped....just take notice...next collapse and they will intervene immediately to keep it from collapsing ..lets just hope they can keep the bubble going....its the only thing they have left.
Hang Seng surges 4% to 7-year high;
Nikkei at 15-year high*NIKKEI19936.36 146.55 +0.74%*
HSI27275.25 1038.39 +3.96%
There is no such thing as a "normal" interest rate. Where on earth did you learn these wacky theories ? There will be no negative interest rates, there are plenty of ways to implement fiscal policy that have nothing to do with interest rates.
But do continue your Chicken Little act about some monstrous crisis you see coming at all times. When people talk about investors ignoring the noise and sticking to a plan, they are referring to guys like you in particular. Nothing good could ever come from someone taking you seriously on any matter.
Hang Saeng is still 12% below its 2007% and has been trailing the SPX since the 2008 crisis bottom.
Its 7% rise in 2 days seems more linked to regulations change in China than Central Bank actions. Chinese mutual funds just got allowed to buy HK stocks