Wall Street Prediction

I first noticed it when the Hang Seng dipped like the American indices, but bounced back amazingly well.  It's up almost 40% as an index since mid-August!  Similarly, Chinese stocks traded in American markets are performing extremely well.  They're acting like late 90s internet stocks, though the only one most people have ever heard of on the Street at the moment is Baidu.

Prediction:  The hype in the markets this winter will be China stocks.

Share this

In my humble opinion,

In my humble opinion, chinese stocks are a ticking bomb.

I bow to your humble opinion

However, the Street often falls in love with ticking bombs.