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Xinyuan Real Estate Co., Ltd. Message Board

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  • growth.value growth.value Sep 21, 2012 2:47 PM Flag

    Chanos still short China

    Shelly, headlines sometime are misleading. In terms of US unemployment, I can tell you I am a recruiting manager in a financial service company. I start to see it is much more different to steal a high quality employee this year than in 2010 and 2011. Several friends of mine in recruiting industry confirm that as well. So, I start to believe all cloudy headlines during May and June are over blow. As a result, I increased my long position tremendously during June and July. Now, I could not be happier. My point is that a stock investor will be better-off to have a cautiously optimistic attitude.

    There is no economy growing with any problems. It is the problems making a economy grow. Every year, you will see couple of months with lots of negative news. Eventually, the US stock market overcomes them all. With the unlimited QE 3 power, it would be silly to bet against the stock market. In this new dynamic, betting against a central bank in the long run is not wise.

3.30-0.03(-0.90%)May 6 4:05 PMEDT