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What China did just put out a giant flashing neon sign that they will buy any (overvalued) asset at the current market price. Every owner of an equity is linin
by fleitz 11y ago
What China did just put out a giant flashing neon sign that they will buy any (overvalued) asset at the current market price.
Every owner of an equity is lining up to sell their assets to the big idiot with the giant flashing neon sign saying they will buy anything, knowing that the more they flood the market, the more the central committee will buy.
China, you just got played, welcome to the market.