XJO 0.34% 7,796.0 s&p/asx 200

dgoranssons - herd management thursday, page-228

  1. 346 Posts.
    Thanks for the reply fp as far as china goes their focus imo has been to temper growth in the recent past they have raised reserve requirements and interest rates on numerous occasions.I have lost count the amount of times the maintsream media has hyped this negativley ie chinese growth out of control or conversley brakes applied to hard chinese economy slowing lookout its panic stations either way.And this chestnut today a preliminary reading on chinese manufacturing activity fell in september which of course sparked fears of a sudden slowdown in the worlds second largest economy, what sort of BS is that.China has enough fiscal room up her sleeve to pull out several elephants let alone an ace or two.Cant help the feeling this is a beat up.
 
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