fragile friday, page-38

Yan Liu, the mad Chinese Trader on CNBC makes me laugh.

All I hear from her is pro-China rhetoric.

Weaker PMI? "GOOOOD NEWS!!!! It's inflation pressures kicking in"

AGBank Expensive? "CHEAPPPPPP!!! IT'S A TRADE. Where else can you find a bank like that with stable assets and growing at double digits?"

What about AGBank's loan exposures? Twice of other banks?
"THATS WHY ITS GOOD!!!!"

What do you think about China's markets on the precipice?
"THIS IS AN OPPORTUNITY!!! The lower it goes, the more I buy!!!! I can promise you we will be making money based on current valuations!!! Fundamentals are good, economics are good, China is still at a 8% growth. BUY BUY!"


That 2 minute segment....*shudder*.

I'm getting my sell book reloaded.