asian markets are pucking all over
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Most developed foriegn markets are way way overdone on the downside. Their
economies will recover long before ours. Nations such as Japan and select
European nations have a positive savings rate, meaning citizens have money saved
and they will begin to spend it and invest it once things calm down again.
Instead of Americans being the BIG consumer, they will start buying from one
another and the world economy will go on without the U.S. Also, markets like
Europe have a much higher dividend yield currently than the U.S. I'm a buyer of
select foriegn markets on the long side here. WAY OVERDONE!!
Best of Luck
I like Asia, but I think China is toxic. They're waiting to implode. Its like
watching a controlled demolition in slow motion. Short everything of China!!!
Always been saying this. I cut the long of what China needs for now.
The previous poster is right, Asia is just a follower
following our markets, America is the index to look after!
Brian..
Thanks for the ((HARDY)) laugh of the day..
Sooz
No mo' free pucky you!
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