I saw China stocks up 5% daily, not just one day, the stock rally daily up 600% in 3 months, cannot believe it...
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US market underforming?
- Thread starter innovest_11
- Start date
I got a fortune cookie that read "the Shanghai Composite will be up tomorrow"
US market underperforming?!
Who wants to invest (I didn't say trade) in a market/country where the government, corporations and its consumers are in debt up the gazoo and their only hope is to inflate the crap out of their houses, markets, property and everything else in the hopes it'll make their debts appear smaller and a currency that's depreciating daily?
I'd take my money and run elsewhere too.
So what if the other markets 'correct'? US is dead wood in terms of investing. #1 still for trading but investment funds are going elsewhere which means market goes *nowhere*. Any "gains" are a mirage and bound to rapidly evaporate.
Who wants to invest (I didn't say trade) in a market/country where the government, corporations and its consumers are in debt up the gazoo and their only hope is to inflate the crap out of their houses, markets, property and everything else in the hopes it'll make their debts appear smaller and a currency that's depreciating daily?
I'd take my money and run elsewhere too.
So what if the other markets 'correct'? US is dead wood in terms of investing. #1 still for trading but investment funds are going elsewhere which means market goes *nowhere*. Any "gains" are a mirage and bound to rapidly evaporate.
"US is dead wood in terms of investing."
lol. Thats a keeper of a quote.
Chinese stock market is basically a rigged market where outsiders can't buy in and the govt controls the float. The Chinese are creating a mess by manipulating their currency and the stock market. Think Japan circa 1980's.
lol. Thats a keeper of a quote.
Chinese stock market is basically a rigged market where outsiders can't buy in and the govt controls the float. The Chinese are creating a mess by manipulating their currency and the stock market. Think Japan circa 1980's.