ibm routed by coliar sourcer's earnings miss - big coliarsys miss coming soon
With Friday's miss by a major coliar sourcing firm the cake is baked for a big earnings miss by coliarsys.
Lower coliar's currency, high inflation in the land of the long low hanging stink all point to low 30's in the month.
As communist china starts to melt down the luster is off the emerging mkts and will see risk premiums rise
as the clueless get a clue that these places are some of the most corrupt on earth and as such should have single digit PE's. While communist china has trillions from year's of stealing from the west, stinky land has
a trade deficit and small currency reserves. Once the hot money has to leaves as free money ben has to stop the printing presses, the fdi fueled and not sustainable economic model of stealing from the west emerging mkts mother of all ponzi schemes will cause a new assian contagen, but this time the west won't be there with bail outs.