Marc Faber- only an opinion
Peeker, Marc Faber is suggesting that the bearishness over the last year of the Chinese markets is saying something is wrong over there. I say, who knows. The bearishness of the Shanghai over the last year could mean anything from worries about a slowdown in growth from all the increases in interest rates by the government, to well organized short selling attacks involving hedge funds and media both. All I know for sure is that the Chinese companies I own are growing strongly, have great balance sheets, and have tiny PEs of 2-5 fully taxed going forward. Wade