“You might think you’re insulated from the turmoil if you don’t own investments like China-equity based ETFs. But the reality is that the speed of the decline and surge in volatility has spooked investors in a wide range of China ‘proxies.’ Think metals like copper and the companies that produce them, commodity currencies like the Australian and New Zealand dollars, and other ETFs that own foreign stocks in Asia and South America. So what’s next? Well, many of those markets have already been beaten down to dirt-cheap levels. They reflect a heck of a lot of pessimism, and arguably could be the value trades of the decade once the panic subsides.”
http://www.moneyandmarkets.com/watch-greece-dont-ignore-china-72085
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Former Fed Chair: 'We Are Running Out Of Buffer In The Economy'
U.S. Implements 4th of July ‘No Refusal’ Blood-Draw DUI Checkpoints
950 million Android phones can be hijacked by malicious text messages
Samsung phones spontaneously text users’ photos to random contacts
Rasmussen Poll: Nullification Goes Mainstream
Three Telling Stories, One Disruptive Company
More than 200 manatees killed in Florida by ‘red tide’ algae
Marketing Genius: Girl Scout Sells Cookies Outside Marijuana Clinic
New Spying Apparatus Installed Throughout Downtown Seattle
It’s Time to Make the Politicians Pay You
The Carlos Miller Case: Jury Says ‘Not Guilty’
NSA uses radio-waves for surveillance, cyber-attacks on offline systems
Dumb ALEC Runs for Cover on “Stand Your Ground.”
Mars One has 78,000 applicants so far—sort of
'Dollar valueless, about to crash' - World Bank whistleblower