XJO - Bear Posts only (Factors which might cause the markets to fall), page-17457

Is that Big Wazza in the foreground?

To answer your question ,we have LEIs, the bogan indicator, and now - The Moon Cake indicator. These are ubiquitous, like flowers on Valentine day in Chinese culture, and are a must buy for most people. But not this or last year apparently. You only need to listen for two minutes starting at 05:00, but seems the middle class and below are really feeling the pinch in China. Uberfuhrer Xi's promise of "come to the cities and get wealthy" has gone poof.

Thre is also a titanium dioxide ingredient scare around them, (see 9:50 mark) and exports have rejected by EU. Dear oh dear, they just cant get food technology right, can they? Bit disheartening, for a so called "super power". Its a bit like an Uber driver beating his chest and screaming "I am Alpha!".