For those of you not following. The Shanghai index is at a 52week low, down 49.2% from peak

[meadandale]

“I hope none of you speculated over there in significant amounts.”

Ironically, I put some money into a SE Asia Index fund last year. Towards the fall, it and my Janus fund were the only two in the black. Everything else was in the red.

Fast forward a few months and that SE Asia Index fund started tanking. I was planning on getting out before the Olympics anyways to try and capture some of the gain before the expected post festivities market decline but I couldn’t hold out that long. I decided to cut my losses (didn’t feel like it would be coming back up anytime soon) and dump it last week.

Fortunately, it was only about an 8% loss of a small investment.

[Coronita]

That's strange because yesterday's front-page of marketwatch.com was about how strong China's market is. I guess it's just more manipulation of the little guys…

Media loves to report yesterday's news.

You think RE is bad here, wait until the hammer drops over in China. A lot of RE speculators I think are going to eat it.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

That's strange because yesterday's front-page of marketwatch.com was about how strong China's market is. I guess it's just more manipulation of the little guys…

Media loves to report yesterday's news.

You think RE is bad here, wait until the hammer drops over in China. A lot of RE speculators I think are going to eat it.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

That's strange because yesterday's front-page of marketwatch.com was about how strong China's market is. I guess it's just more manipulation of the little guys…

Media loves to report yesterday's news.

You think RE is bad here, wait until the hammer drops over in China. A lot of RE speculators I think are going to eat it.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

That's strange because yesterday's front-page of marketwatch.com was about how strong China's market is. I guess it's just more manipulation of the little guys…

Media loves to report yesterday's news.

You think RE is bad here, wait until the hammer drops over in China. A lot of RE speculators I think are going to eat it.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

That's strange because yesterday's front-page of marketwatch.com was about how strong China's market is. I guess it's just more manipulation of the little guys…

Media loves to report yesterday's news.

You think RE is bad here, wait until the hammer drops over in China. A lot of RE speculators I think are going to eat it.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[cr]

Given the strength of the Yuan and the fact that China still grew by 10.6% the first quarter I think we have more to worry about here.

Real estate is far from played out, and even if China doesn’t sell of their less and less valuable US bonds, they’re still growing and we aren’t.

I think their weakness was spillover from ours, in a year they’ll be higher and we’ll be lucky to be where we are today. Why? China is becoming less and less dependent on US consumption, at some point they will sell their bonds, a lot of their speculation was from the US (most emerging market funds were up ~25% last year). As things deteriorate here further, (if you agree today is not the sign of a turn-around) China will continue to grow and attract further investment. We’re nowhere near reversing our trade deficit with them and they may see a correction in RE, but China’s dependence on us is weakening.

[cr]

Given the strength of the Yuan and the fact that China still grew by 10.6% the first quarter I think we have more to worry about here.

Real estate is far from played out, and even if China doesn’t sell of their less and less valuable US bonds, they’re still growing and we aren’t.

I think their weakness was spillover from ours, in a year they’ll be higher and we’ll be lucky to be where we are today. Why? China is becoming less and less dependent on US consumption, at some point they will sell their bonds, a lot of their speculation was from the US (most emerging market funds were up ~25% last year). As things deteriorate here further, (if you agree today is not the sign of a turn-around) China will continue to grow and attract further investment. We’re nowhere near reversing our trade deficit with them and they may see a correction in RE, but China’s dependence on us is weakening.

[cr]

Given the strength of the Yuan and the fact that China still grew by 10.6% the first quarter I think we have more to worry about here.

Real estate is far from played out, and even if China doesn’t sell of their less and less valuable US bonds, they’re still growing and we aren’t.

I think their weakness was spillover from ours, in a year they’ll be higher and we’ll be lucky to be where we are today. Why? China is becoming less and less dependent on US consumption, at some point they will sell their bonds, a lot of their speculation was from the US (most emerging market funds were up ~25% last year). As things deteriorate here further, (if you agree today is not the sign of a turn-around) China will continue to grow and attract further investment. We’re nowhere near reversing our trade deficit with them and they may see a correction in RE, but China’s dependence on us is weakening.

[cr]

Given the strength of the Yuan and the fact that China still grew by 10.6% the first quarter I think we have more to worry about here.

Real estate is far from played out, and even if China doesn’t sell of their less and less valuable US bonds, they’re still growing and we aren’t.

I think their weakness was spillover from ours, in a year they’ll be higher and we’ll be lucky to be where we are today. Why? China is becoming less and less dependent on US consumption, at some point they will sell their bonds, a lot of their speculation was from the US (most emerging market funds were up ~25% last year). As things deteriorate here further, (if you agree today is not the sign of a turn-around) China will continue to grow and attract further investment. We’re nowhere near reversing our trade deficit with them and they may see a correction in RE, but China’s dependence on us is weakening.

[cr]

Given the strength of the Yuan and the fact that China still grew by 10.6% the first quarter I think we have more to worry about here.

Real estate is far from played out, and even if China doesn’t sell of their less and less valuable US bonds, they’re still growing and we aren’t.

I think their weakness was spillover from ours, in a year they’ll be higher and we’ll be lucky to be where we are today. Why? China is becoming less and less dependent on US consumption, at some point they will sell their bonds, a lot of their speculation was from the US (most emerging market funds were up ~25% last year). As things deteriorate here further, (if you agree today is not the sign of a turn-around) China will continue to grow and attract further investment. We’re nowhere near reversing our trade deficit with them and they may see a correction in RE, but China’s dependence on us is weakening.

[nostradamus]

Good points coop and flu. I’m going to keep my eyes open.

[nostradamus]

Good points coop and flu. I’m going to keep my eyes open.

[nostradamus]

Good points coop and flu. I’m going to keep my eyes open.

[nostradamus]

Good points coop and flu. I’m going to keep my eyes open.

[Author]

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