Yes I am watching the markets there also. I watch the Heng Sang and the Shanghai Composite in particular.
The markets initally dipped 2% but are bouncing back a little now. seem to be hovering around 1.5% down.
I look back at how quickly they jumped back up the last time they dropped a lot on the news of an interest rate jump. I wonder if the reaction will be more muted this time IF they do increase the interest rates. Too early to tell.
Good to keep an eye on them though.
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
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