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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (54537)4/4/2022 6:17:01 PM
From: Madharry  Read Replies (1) | Respond to of 55361
 
I dont think i have seen so many stocks that look like values to me in a long long time. we will see if I am just kidding myself or not in the next year or two. What has happened in china makes no economic sense. Softbank has made something close to 200 investments in 2021 many into chinese companies. If the chinese are not going to be cooperative and help those company list on Nadaq someday it would be foolhardy for Softbank to make any new investments in Chinese companies, and that holds true for every venture capitalist out there. the entire private banking industry might as well close up shop and go elsewhere. Nothing can topple a government faster than no jobs and no food. I dont know what sort of safety net is provided for the unemployed in china but my guess is its not much. On a short term basis I am encouraged by Apple and Google having positive days.