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原帖由 hudgefunder 於 2007-11-13 00:30 發表
Contract to the mass media, I think the HSI correction has finished. The reasons being:

1) The sub-prime write-offs are well publicised, and are factored into the current pricing of assets.

2 ...
Mostly agreed, the point No. 1  being the only point i might contend, it is true that the subprime write down are well publicised, but the real and catastrophic size of the subprime and credit derivative problem is being suppressed and not well understood by the general public.. and this problem will keep surfacing again and again in the coming year at least, and will actually get worse... credit card loan will be another hot potato too... US and UK heading for recession is a near certainty (the former already so)...  and a shockwave/panic in global financial system and global monetary system is a real possibility....

the only thing being that how much these will have effects on China/HK or asia market... which i dunno of course...

[ 本帖最後由 hardcat 於 2007-11-13 13:20 編輯 ]


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