This is highly inaccurate.View attachment 136993
Take this pic with a grain of salt. I heard before that S&P500 returned 5500% on paper in which about 5000% was due to inflation. I cannot verify either. Yet it verifies from another angle my perception that inflation is the only feasible way out of the fiat money deluge since Greenspan.
I am incrementally getting into some liquid China ETFs until Shanghai Composite Index crosses over 4000.How do you play effectively and profitably in the Chinese stock market?
What is when it crosses 4000, what are further plays?I am incrementally getting into some liquid China ETFs until Shanghai Composite Index crosses over 4000.
Well, there is tricky "my book" vs "their book". In "my book", the fair value of 000001 is somewhere between 4000 and 5000. If my judgement on the current series of policy moves is correct, corporate earnings should improve noticeably in 2025 that should lead the index back to 5000 level. I believe this round is a result of long-awaited reforms rather than knee-jerk bailout or quantitative easing. Li Qiang better not disappoint me like WJB/LKQ did beforeWhat is when it crosses 4000, what are further plays?
[My Comments]
I think this may become canary in the coal mine ...
Any thoughts on the recent back and forth between US and China markets? Mini war going on this past month.