Central banks start to warning on assets value. Canadian central bank warned stock valuation last week. Hongkong warned a month ago and warned again yesterday on both stocks and real estate. Chinese government is warning against real estate prices. Taiwan central bank warned hot money last week. There seems a trend that central banks can see a bubble forming but they do not want to use the interest rate or tightening money supply to deflate the bubble.
Bought 200 IMG @16.5 (C$) today.
Thursday, December 17, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment