So, buying FXP now makes sense.
Will that be this afternoon?I wanted to wash my car, but now I'm afraid I might miss the implosion.
Yes, I looked through my crytal ball, it says "Crash" :)
Not the stocks traded in US and HK.
That's the puzzing part of the equation. Chinese A, H and red chips are falling. But because FXP trades with US market, it can ignore the down trend and intrinsic values. But for how long?Based on today's inflation data, tomorrow will be another down day for Chinese market.