måndag 26 april 2010

Baisse från Wolfe Trahan

Lite baisseinspiration från dagens Wolfe Trahan

In this case, we think China’s market is a great blueprint for what to expect in other countries when their leading indicators peak (in the U.S. economy very shortly?). If you wind the clock back a bit, sentiment for stocks was ebullient in China last fall when cyclical sectors of the market were leading the charge. Then something changed; leading indicators of the economy peaked and began to lose momentum. The Chinese equity market is down 12% since then, while cyclicals and financials have lagged badly.

China is the blueprint for the rest of the world in 2010. It just got to a peak in LEIs before all others.

Jag ligger kvar kort, för den som undrar.

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