It seems nobody remember Nikkei 40,000 bubble... Any similarity with current chinesse and commodities rally?
yes the china market has a lot more left on the upside unchecked it could easily double if not triple. But when the hammer then does come it will be devestating. I dont think the gov should try and curb the frenzy just wait for it to burn itself out that way it will be a quicker ride. Cheers
Nikkei need 5 years to climb from 10,000 to 38,000. But Shanghai just need 2 years to climb from 1,000 to 4,000. Maybe will reach 40,000 in next 3 years.