It sure surprises me this has
so little impact on the markets.
Any ideas Matt? You were just
there.
Looking at news:
In China, the Shanghai Interbank Offered Rate continued
climbing as the liquidity crunch persists. The overnight rate
climbed nearly 31 basis points to 4.09%, but more notably, the
two-week rate spiked 101 basis points to 4.88%.
The Philippine Central Bank left its key interest rate unchanged at
3.50%
yeah it's funny on China - everyone I talked to in China, and
some very rich guys (for example my wife's friend's condo is worth
about $6 million) they don't play the Chinese stocks, they don't
trust them LOL - if they buy stocks, they buy US Stocks
re: futures
futures
Posted by cubby on 24th of Oct 2013 at 09:39 am
It sure surprises me this has so little impact on the markets.
Any ideas Matt? You were just there.
yeah it's funny on China
Posted by matt on 24th of Oct 2013 at 09:41 am
yeah it's funny on China - everyone I talked to in China, and some very rich guys (for example my wife's friend's condo is worth about $6 million) they don't play the Chinese stocks, they don't trust them LOL - if they buy stocks, they buy US Stocks
they called the Chinese stock makret a casino
very interesting observation, thanks for sharing. hope you had a great trip!
Posted by morton13 on 24th of Oct 2013 at 09:56 am