Aug

5

A former CLSA guy does a Monday morning quarterback review on Tony Bolton (and others) failures in the Chinese equity markets.

anonymous writes: 

The disconnect between the professional research community's views and the performance of the Chinese equities available for non locals to trade over the last 5 years is quite depressing.

I remember two years ago stock brokers closing down by the score in the UAE …. The markets had not shared in the wider worlds rally since Mar 09. The performance of the UAE since has been far superior. I fear China is nowhere near this type of 'uncle point'. The demographic , 500 million joining the middle class in China etc etc etc. was priced into the super exponential rally that ended a few years ago.

Take a look at a weekend newspaper Sunday personal finance supplement from a few years ago.  Nothing but Asia this & Asia that….

How about this — the next 50 years to be about the economic resurgence of the United States!

We'll see this story in the papers after after the USA outperforms China over the next 5 years or so.


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