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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: humble1 who wrote (27377)11/10/2017 1:47:05 AM
From: John Pitera  Read Replies (2) | Respond to of 41023
 
China's Big Bang Moment Opens Banks, Brokers to Foreign Control

(This is the single biggest fundamental News story of 2017----- mark my word .... wait and watch in 18 months)

(the Big Bang in Australia in 1985 that I was there for saw the currency float, initially go up, then collapse over 50% in just 3 or 4 months..... and got them a massively inverted yield curve..... but with China entering
the Major leagues Globally.... It will rout out the mountains of stale debt that is holding back there
economy...JJP, It's also going to create a major boom for banking and financial service jobs and the global banks will have to send all sorts of executives over to help build up local teams.... especially in the capital market operations, derivatives. origination.... make price discovery much more open and transparent and
will ultimately make the system so much stronger...and some fortunes will be made on the volatility and Macro moves to get China in line with other major global free market economies.... this is a huge score for
DJT and for the world as a whole. warning their may be an episode of two of some tough medicine we
have to go through with risk assets but... that is capitalism..... my readers.... there is a very good reason they
call these events Big Bangs!!!)


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