T
TheGreatBear
Guest
I heard the storm may shave off half a percentage point or more of GDP.
I don't think the storm is a bearish event.It doesn't affect fundamentals that much. All this bearishness may actually pave the way for another rally. I'm bearish because equities worldwide are sliding with no end in sight, and Chinese so far are seeming hopeful(the business newspapers are all talking about how the drop is irrational and how the bottom is near etc etc). Of course, Chinese stocks are grossly overvalued.
Where did you read that the storm has serious impacts? Please leave a link, I may have overlooked something, thanks.
I don't think the storm is a bearish event.It doesn't affect fundamentals that much. All this bearishness may actually pave the way for another rally. I'm bearish because equities worldwide are sliding with no end in sight, and Chinese so far are seeming hopeful(the business newspapers are all talking about how the drop is irrational and how the bottom is near etc etc). Of course, Chinese stocks are grossly overvalued.
Where did you read that the storm has serious impacts? Please leave a link, I may have overlooked something, thanks.
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