Commodities and basic building materials will rebound soon.
Attention Global Mutual Fund managers,
Don't sell or short any global stock market now.
China has a new stimulus plan out today.
Last time was home appliance to rural areas. It was a success. This time is the building materials to rural areas. This will boost the prices of building materials. I cannot find the links to this news yet. It is fresh new news. I will provide the links later to you. Just trust me.
This stimulus plan will boost commodities and building materials prices for sure. Global stock market was down because of depress commodities prices due to strong dollars. I think this Chinese stimulus plan will bring another wave of uptrend to global stock market.