I now must envy you, as I am not in much of a position to do anything substantive given the lack of quality time with the market pulse, ebb and flow.
I will buy some AOB just to feel participative.
I am merely holding on to my energies, nursing my media, shuffling around cash, polishing gold, repairing real estate (@#!#@45_(*&), and pondering on the when and not if of the long delayed / held off recession.
News is weird where I am, there is a gasoline shortage going on across the northern border, and yet the big four importers are not keen on increasing crude import nor exploring new trading avenues.
Either the refineries are tapped out in capacity, or there is a policy directive to slow the flow of energy to the economy. Bears watching.
In HK, the bank lending rates are rising, and home-owners ought to feel a nick or scratch at some point, but still early days, assuming interest rate will continue to rise, and if not, then more delays.
Am not certain how events will work out, but so far, as the facts go, we are still going toward 'inflation of everything we need (except for DVD machines) and deflation of everything we have (but from ever higher ledge)'
Chugs, J |
