Thursday, Oct 18, 2007
Shanghai Composite Index explodes
Safe Haven: A Rare "Double Event"
I am interested in the second half of this article. Look at the Shanghai Composite Index graph. It has passed 6000. Back in the summer when it was 4000, I thought it had the capacity to double. There can only be 3-6 months left in this vertical lift-off.
Posted by sold 2 rent 1 @ 11:14 AM (364 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. sold 2 rent 1 said...
Over the next 6-12 months we are looking at a triple whammy of crises
1. Currency crises, starting in Eastern Europe and spreading out
2. Emerging stock markets to crash
3. Western economies to enter recession/slow sharply. Stocks and property to head south but not at 1987 crash levels.
The west may slash IRs right down but the emerging economies cannot as they have inflation to fight. Eventually the USD, GBP and EUR will fall sharply.