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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (139137)2/8/2018 10:06:35 PM
From: TobagoJack1 Recommendation

Recommended By
Arran Yuan

  Read Replies (2) | Respond to of 218847
 
now that i am out 'out'

i am happy to heap deserved praise on marty ... do not know how he does it, but every time i wager against him, i believe / recollect i lost

i should have listened to myself, having earlier noted that i cannot imagine why anyone would wish to hold a position over the coming week-long lunar new year break

in the mean time, the pain is good, for the greater good

in case i forget, i yell, "fire"

bloomberg.com

Wreckage Across Global Equity Markets Has Hong Kong Faring Worst
More stories by Sofia Horta E Costa
February 9, 2018, 10:19 AM GMT+8

By Sofia Horta E Costa

Nowhere has this week’s market turmoil been more painful than in Hong Kong.

Two of the city’s main equity indexes are among the world’s worst performing benchmarks since the selloff accelerated last Friday, down more than 9 percent and on track for their worst weeks since at least 2011. The Hang Seng Index and the Hang Seng China Enterprises Index are both heading for a so-called correction -- a decline of at least 10 percent -- just two weeks after they peaked.



Traders in Hong Kong typically have to reckon with volatility in mainland China, as well as taking their cues from any changes in sentiment towards global developed markets. Caught in the crossfire between risk-aversion in the U.S. and a selloff onshore this week, the city’s equities lost $475 billion in value through Thursday, giving up much of this year’s gains.

Follow Our Live Markets Coverage HereNot a single major market in Asia has been spared. The MSCI Asia Pacific Index, which last closed at a record on Jan. 26, has flipped to oversold from overbought in days.

Here’s the scorecard for this week for Asian benchmarks:




To: bart13 who wrote (139137)2/8/2018 10:26:20 PM
From: carranza2  Read Replies (4) | Respond to of 218847
 
My guess is that we’re seeing the Japanese model, but in larger scope.

As stocks go higher, the risk of bubblification gets higher, and when it arrives, it does not take much to puncture the bubble. Here, it was the tiny bit of QT that the Fed did that IMO did it. If things go further South, the QT will stop or slow significantly. Rinse, wash, repeat, just like Japan, with similar results.