Hmmm! when I said It is 99% that Mr Xi and Mr Li will go onto lead China [Mr Bo went by the way]. That will bring a new wave of Stimuli, but if one or the other is pushed aside - look out. Now I believe there is a stalling of that process in order to see how the USA event unfolds - a US Republican win will ring a big push from the old school side of Chinese politics. An inward looking China is not what macro economics required. Funny theory [as can be demonstrated with two bar magnets] a US Democrat win will maintain stability to USA and a slide to the right by Chinese - a Republic win would only bring a honeymoon market spike and a mirrored slump downhill from there, while China shuts up shop for a spell. Just my thinks in ink.
All looked hunky-dory now it appears tha Mr Xi has not been seen for a week, and missed 3 meetings including Hillary Clinton - Ill or ill wind in the party room?
Nice SP holding pattern on a down ASX day, SPI looking up for DOW so see if CDU powers up again tomorrow.
CDU Price at posting:
$4.33 Sentiment: Hold Disclosure: Held
