Lets not get too worked up as everyone has their perspective...

Lets not get too worked up as everyone has their perspective that goes into whether they buy, hold or sell.

For me the big theme outcomes are as follows:

- US Treasury will buy distressed debts and profit from these LT significantly. Once sentiment changes then valuation follow and finally the "expert commentators" state the obvious

- China need to progress as the civilians have a taste for change and progress. India is next as will have a bigger number to urbanise over the next 2 decades (750M)

- We have already surpassed in % terms the 3 significant market downturns over the past 30 years. All previous occassions show universal bearishness and for the record on all 3 occassions the markets have bounced back +15% in the following qtr. Will it happen again? Yes as global markets are now interlinked and therefore have more ability to recover than any previous time in history.

I hold GBG so my views and perspective are a reflection of this fact.