China banks gave out USD1.1 trillion for the first six months of 2009.
TARP investigation reported, USA has given out about USD12.7 trillion in terms of bailouts, stimulus, guarantee, buying toxic assets.
The quantitative easing in Europe is compatible with the US.
The world quantitative easing have temporarily deluded to the masses when the underlying of the real economy is deteriorating, with the increase in all share markets since March 2009. Yes, that is what exactly we are in, deluded by the media.
MyView
- the property bubble in US and Europe is far from over;
- the property bubble in China is just beginning;
- consumption in US is declining; and
- China share market bubble is just begining
MyView
It may not be the best time to enter the share market, be it in emerging markets or US or Europe. Be patient. You may get higher return in the next 3-9 months.
No comments:
Post a Comment