The holidays, is over, for sure. But the selling, ahhhh not so sure. And because of all the uncertainty, more selling is happening. When will this be over ?!
The other “quotable quote” that “it’s over” is from the chair of People Bank of China, that the “volatility” is ending. The investors, fresh from their holiday, initially gave their agreement, but seemed to change their mind in the afternoon, and lo and behold there is no gov’t buying like what happened like clockwork last week! Uh oh, I mean if this keeps happening (Chinese govt gives reassurances but the public doesn’t believe) — the market will continue to slide.
BUT this is not the time to be “hard headed” and rely on predictions. (Never a good idea!) All we can really say is the market is going to do what it wants to do. So we all got to be watchful and follow the system that makes money from this volatility. And, this is why I am endeavouring to reach out to as many people as possible to share specific, timely and actionable ideas to be profitable in wild swings in the investment environment (you know, the volatility). Workshop and webinars coming!
Low-Risk High-Reward Investing Workshop
Sept 19, 830am
2F Conference Room, Ortigas Building
Ortigas Ave, Pasig City Manila
and there will be webinars coming soon!
On a side note, I mentioned last week that Germany had a rosy manufacturing report, now it has reported that Industrial production has rebounded strongly. The report indicates “High overseas demand filled the order books.” That just means to me, it’s all over for China. Their export markets are overtaken by strong competition from all-of-a-sudden more affordable products Made in Germany. Wow, we’re staring at a new chapter here friends. Keep watching.
http://www.bloomberg.com/news/articles/2015-09-07/charting-the-markets-china-respite-over
http://www.bloomberg.com/news/articles/2015-09-07/china-revises-2014-gdp-growth-to-7-3-from-7-4–ie99p812
http://www.bloomberg.com/news/articles/2015-09-06/china-stock-market-correction-almost-done-says-pboc-governor
http://www.bloomberg.com/news/articles/2015-09-07/german-industrial-production-rebounds-in-sign-of-solid-recovery
