When I last caught a nice counter trend trade in Oct 2022, I wrote in a local forum that I like the new PM. Those around me were pointing to his record in Shanghai and saying how it’s bad for the market. Mind you, that was when the world hyperventilated over an alleged public “showing to the door” of Hu Jintao. Nonsense. Then, I said the new PM’s name include the Chinese character “strong”. Good omen! Now again as HSI reaches around the same level as Oct 22, my good friend has once again (?) showed his hand. If he’s successful (and I really hope he does), I think it really shows he cares. If one were to make a pun on his Chinese surname using a different but similar sounding word (理强）, means he “cares strongly”!!
I think China wants to walk a different monetary path than the US, hence are using a different playbook. If you ask me, they should go full "laissez faire" and let the stock market sort itself out...
Good write up Shrub. Only XI knows if these are rumors or something solid is being announced. Lately they want to pump Chonzi and many such news break out.
When I last caught a nice counter trend trade in Oct 2022, I wrote in a local forum that I like the new PM. Those around me were pointing to his record in Shanghai and saying how it’s bad for the market. Mind you, that was when the world hyperventilated over an alleged public “showing to the door” of Hu Jintao. Nonsense. Then, I said the new PM’s name include the Chinese character “strong”. Good omen! Now again as HSI reaches around the same level as Oct 22, my good friend has once again (?) showed his hand. If he’s successful (and I really hope he does), I think it really shows he cares. If one were to make a pun on his Chinese surname using a different but similar sounding word (理强）, means he “cares strongly”!!
I think China wants to walk a different monetary path than the US, hence are using a different playbook. If you ask me, they should go full "laissez faire" and let the stock market sort itself out...
"I can arrange for a commission!" Next level😂😂
Good write up Shrub. Only XI knows if these are rumors or something solid is being announced. Lately they want to pump Chonzi and many such news break out.
Gee, Shrub, please!
If Yellen was made the boss of the Chinese economy, they would be quickly back on the path of world dominance! So, shut up already!
ICYMI, Shrub is the self-confessed Mad Magazine commentary on current economics.