But need to acknowledge that even with the short comings, there is still a lot of money that can come here and will, even if it comes in unevenly.
A few billion here, a few billion there.
I remember going to Hong Kong in 1994 when they were saying Americans were coming late to the party, yes there was a downturn after that but the boom a few years later made it looks like a great time to invest.
If you have a long enough time horizon, even a pull back doesn’t need to hurt.
