The Rising Influence of Rising Affluence

[DewDiligence]

I’m not normally into conspiracy theories…however, the article in the People’s Daily (the official newspaper of China’s Communist Party) implying that a new round of stimulus spending in China would not happen until 2013, which was published two days before the announcement of a large stimulus plan, makes me wonder if people in high places made money from this misdirection. It would have been pretty easy to clean up by shorting a stock such as CLF before the People’s Daily article and then covering and going long before the stimulus announcement.