SPY dragging, maybe you're right... Everyone thinks the markets have to go higher because the fed will print money, but the Japanese printed money forever after their crisis, and it didn't stop the deflation.
Either way, I think China small caps and the overall markets are almost in a different universe. These stocks are going to trade off of the fraud dynamic and how it plays out, and less on the overall markets (UNLESS of course there is some kind of systemic issue, such as default in Ireland/Portugal).
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