Chinese Stock Market plummets....

oldbaldy

LE
Moderator
#2
#3
European markets recovered in the afternoon, regional ones more affected yesterday (Hang Sen down 0.86%, Nikkei 225 0.48% and Philippines 1.57%). With the World Bank having lifted its forecast Chinese growth from 9.6% (as predicted in November) to 10.4% though things should bounce back though locally....shouldn't they?
 
#5
Long European and emerging equities. Both positive over the longer term as fundamentals good. Shorter term valuations stretched due to recent price action - an opportunity to exploit

Other points:

1) Nobody can forecast growth. If central banks can't do it...
2) Intra day market movements are just noise.
 

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