blackrock boss was on cnbc saying buy stocks the other day. fink is his name. goldman a few days ago said buy stocks. im pretty sure they both said this just before the gfc. head of lehman,head of mfglobal, both a few days before they went bankrupt said their companies are doing fine. markets are dismissing the bad numbers out of europe and china. just a blip in boom times markets believe. i think they could be wrong. china to build lots of public housing this year but i believe the china boom will stop after that and australia will start to suffer too.
