Thanks to Ben Garber at BenjaminJGarber.com for the post below. Chinese economic weakness is a theme I have been interested in lately. Apparently several prominent hedge fund managers are also bearish on China, including James Chanos and Hugh Henry. In the video, China discussion starts at the 4:30 mark. Below are also a few articles regarding China's situation, and those who are betting against it.
Full Disclosure: I own FXI puts and UHPSX as of January 17th 2011.
Never forget: "Markets can remain irrational a lot longer than you and I can remain solvent." - John Maynard Keynes
China Central Bank Raises Reserve-Requirement Ratio
China Raises Bank Reserve Ratio 50 Points,"
China Bears Gathering as Analysts Question Economy
RBS Issues Warning that China Credit is About to Burst
China's GDP is "man-made," unreliable: top leader
Thanks to benjaminjgarber.com for this story:
One of China's three largest rating companies, reduced its rating for U.S. debt from AA to A+ citing the country's "deteriorating debt repayment capability and drastic decline of the government's intention of debt repayment." The move by Dagong was spurred by the latest round of quantitative easing by the Fed.
This is the personal blog of Emory Redd.
This blog is not investment advice. This is not a solicitation to invest. Don't take candy from strangers.
BEST OF HEDGEROLL
ACHILLION AND RA CAPITAL: MY FAVORITE TRADE
SALIX INVESTORS LOOKING FOR A BUYOUT SHOULD BE CAUTIOUS; MORE ACCOUNTING PROBLEMS AHEAD
BIOTECH AS BUFFETT'S WONDERFUL BUSINESS