All worries about the global meltdown have been pushed aside thanks to the allllllllllllllllmighty printing press. Got to love monopoly money, only way to prop up a failing economy with absolutely no "REAL" growth in site.
ya but growth is driven by the printing press. the printing press (money) is just motivation for the people to take natural resources out of the planet and create something "useful". Otherwise, we would all be back in stone ages , or be widespread rioting and stealing and be like animals. It's just a way to buy time, keep things a bit organized until we as a human race find out "what the F are we on this earth for" ?
The HangSeng Express just blew past 20,000. Up over 5,000 since my original post in April. But still well below all time high. Should be ready to take a rest for awhile though.
Symbol Name Last Trade Change Related Info^AORD All Ordinaries 4,151.30 11:35PM ET Up 54.00 (1.32%) Components, Chart, More ^SSEC Shanghai Composite 3,411.61 11:30PM ET Up 39.01 (1.16%) Chart, More ^HSI Hang Seng 20,364.19 11:40PM ET Up 381.40 (1.91%) Components, Chart, More ^BSESN BSE 30 15,378.96 Jul 24 0.00 (0.00%) Chart, More ^JKSE Jakarta Composite 2,201.80 11:55PM ET Up 16.14 (0.74%) Components, Chart, More ^KLSE KLSE Composite 1,155.88 Jul 24 Up 3.73 (0.32%) Components, Chart, More ^N225 Nikkei 225 10,148.88 11:35PM ET Up 204.33 (2.05%) Chart, More ^NZ50 NZSE 50 2,995.72 11:34PM ET Up 34.55 (1.17%) Components, Chart, More ^STI Straits Times 2,581.73 11:55PM ET Up 48.30 (1.91%) Components, Chart, More ^KS11 Seoul Composite 1,528.31 11:35PM ET Up 25.72 (1.71%) Components, Chart, More ^TWII Taiwan Weighted 7,005.84 11:35PM ET Up 32.56 (0.47%) Chart, Mo
I think to go long on many Asian markets and stock indices wld be a good idea. Jim Rogers wrote A Bull In China which I have been meaning to read.