Greek debt issue did not go away and I do not see how it can be solved. There is a strong public opposition in Germany to bail out Greece. Japan and U.K.'s debt are alarming as well.
Corporation's balance sheets have been improving and high yield bonds may be a better investment than stocks and government bonds.
I will go to China for next week and will let you know my experience on how sustainable the growth will be. I may not blog regularly in next few weeks.
I will close out HXD @13.4
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