PBOC's (US$120B) cash injection => THIS WEEK ALONE!
4th quarter & 2016 GDP will be released FRIDAY at 10 am Beijing time; being Thursday 9 pm on Wall Street.
Consensus is China's EXPAAANSION was the same 6.7% GDP for the 4th straight quarter in a row.
That's the slowest China rate since 1990, BUT STILL AMONG THEE FASTEST IN THE WORLD.
And it's about to get faster in 2017 by all economists with rallying outcomes for the better.
YSYB is the same as Warren's BYD in the PATIENCE methods of Long Value Investing.
If memory serves me, in about 1980, 83% of China rode bicycles, & now it's 12%; being the biggest car consumer in the world just 3-4 decades later. With bold YSYB due in 2017 with 'B.I.T.' Treaty, et al; my genuine hope is that Nathanial can get to push the "Launch Control" button for 0-60 ~ 2.5 sec G FORCE thrills to surprise a girlfriend. "'THERE IS NO SUBSTITUTE.'"
Great fun which YSYB will offer in times to come. Everyone is waiting for a recovery from emerging markets, & even we, like Warren knows it takes time. Nathanial's next convertible WILL turbo boost on & soon!
GO YSYB GOGOGO!!!
GLTA
