Comments by "D W" (@DW-op7ly) on "Strategist explains why he has turned bullish on the Chinese equity market" video.

  1. Probably a good call now Yes Chinese Stock markets are considered a casino They have no market makers only 14% of the people invest in stocks 85% of the trades are made by mom and pop retailers 81% trade atleast 1 time a month 67% have less than a high school education etc etc etc BUT What it should tell you is with all these types of people in their markets? You will get overbought and oversold bu..ll and bear markets
    1
  2. Why do you even watch CNBC then? you obviously have someone else do your trading for you in a mutual fund. Just wait for quarterly statements Yes Chinese Stock markets are considered a casino They have no market makers only 14% of the people invest in stocks 85% of the trades are made by mom and pop retailers 81% trade atleast 1 time a month 67% have less than a high school education etc etc etc BUT What it should tell you is with all these types of people in their markets? You will get overbought and oversold bu..ll and bear markets
    1
  3. Probably a good call now Yes Chinese Stock markets are considered a casino They have no market makers only 14% of the people invest in stocks 85% of the trades are made by mom and pop retailers 81% trade atleast 1 time a month 67% have less than a high school education etc etc etc BUT What it should tell you is with all these types of people in their markets? You will get overbought and oversold bu..ll and bear markets
    1
  4. The irony is people like you don’t believe a word MSM tells you Unless it’s about China then you believe everything they tell you That Chinese debt is mostly Internal debt Where they have little external debt (2.6 trillion) that they can pay off with just their FX reserves alone Their internal debt they can sweep under the table just like you Americans do Notice how when the do the China vs US debt comparisons they leave out the US internal debt But lump in all Chinese debt together? If they were to include US internal debt with that 34 trillion US external sovereign debt You would have 3 trillion in Local and State debt Non Financial Corporate debt 11 trillion Personal/Household debt of 17.5 trillion Corporate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion TooBigTooFail Investment banks Derivatives Bets (notational value) 200 trillion Unfunded Liabilities 212 trillion
    1
  5. As for their real estate? In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
    1