Wednesday, May 24, 2017 12:34:09 PM
HongKong just downgraded, but who the heck cares ?
Sheesh.....I have long-postulated on the seemingly glaring significance of Hong Kongs'
24,000 Level :
And yet here now it's seen that they've just today-here been downgraded (by our beloved Moodys)
Not that that matters much because wasn't America also downgraded (about 2 years ago) ?
http://www.marketwatch.com/story/moodys-downgrades-hong-kongs-rating-to-reflect-close-ties-to-china-2017-05-24
.
This chart's from 2 weeks ago :
Anyways, it's probably still gonna climb for a while (up to the 2nd charts' overhead yellow line).....
Because equity markets are so completely disconnected from actual economic realities.
Seems Greed has no boundaries these days.....LoL
Sheesh.....I have long-postulated on the seemingly glaring significance of Hong Kongs'
24,000 Level :
And yet here now it's seen that they've just today-here been downgraded (by our beloved Moodys)
Not that that matters much because wasn't America also downgraded (about 2 years ago) ?
http://www.marketwatch.com/story/moodys-downgrades-hong-kongs-rating-to-reflect-close-ties-to-china-2017-05-24
.
This chart's from 2 weeks ago :
Anyways, it's probably still gonna climb for a while (up to the 2nd charts' overhead yellow line).....
Because equity markets are so completely disconnected from actual economic realities.
Seems Greed has no boundaries these days.....LoL
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