[Sentinel]

Tomorrow  we will know CPI.

if good mkt soar.

if bad mkt will tank.

if just nice and fed talk smooth landing mkt soar.

if talk tough mkt maybe not here nor there,
mkt season to this guy fark

FEDS will not be speaking

Are you sure you know what you're doing in the mkts?

Seems like both you and SgBluffett are just gambling, you don't even know how to interpret the various economics events

[Zannn]

Long run depends on their stimulus. Short term as long as opposite sgbuffett will surely make $. Reverse indicator jackpot again

Sgbuffett reverse indicator jackpot arr. when u r worried about Dow fall, yr Hsi shorts chaotar again

[sgbuffett]

Sgbuffett reverse indicator jackpot arr. when u r worried about Dow fall, yr Hsi shorts chaotar again

So long as Chjna economis in trouble any rally in HSI or HS Tech is just temporary. Market trend is down...occasionally there will be an up day to lure naive investors who dontvunderstand China is ec9nkmy is going downhill.

[Omnipresent88]

China’s economy remains strongly resilient; what has collapsed is 'Chinese collapse' theory: Foreign Ministry
Global Times
22:27 Sep 12 2023
Foreign Ministry Spokesperson Mao Ning Photo: Ministry of Foreign Affairs
Foreign Ministry Spokesperson Mao Ning Photo: Ministry of Foreign Affairs


China's economy has not collapsed, but on the contrary, hype that it has done so has repeatedly proven to be false, said Chinese Foreign Ministry Spokesperson Mao Ning on Tuesday, defying Western smears that China's economy is facing difficulties and slowing down.

"All sorts of comments predicting the collapse of China's economy keep resurfacing every now and then. But China's economy has outlived them all. What has collapsed is such rhetoric, not China's economy," Mao said at a regular press conference on Tuesday.

She made the remarks in response to a question for comments regarding that some Western politicians including US President Biden claimed China's growth was slowing due to a weak global economy as well as Chinese policies.

Some Western officials and media outlets have unleashed a tsunami of misinformation in recent months in a concerted smear campaign to paint the Chinese economy as being at the cusp of "collapsing." Even Biden has joined the campaign, first describing the Chinese economy as a "time bomb," albeit getting the numbers wrong and most recently calling China's economic situation a "crisis."

A recent article from US news magazine Newsweek, entitled "Has China's Shanghai Turned Into 'Ghost Town'? What Photos Show" citing a user of social media platform X and photos he posted which suggested China's Shanghai has turned into a "ghost town," has stirred strong sentiments on Chinese social media. Many expressed shock at the absurdity of the photos cited in the article trying to paint one of the world's biggest cities with a population of about 25 million people as a "ghost town."

Mao said that despite the sluggish economic recovery globally, the Chinese economy has continued to recover and improve, and it has remained a major driving force for global economic growth.

China's first-half GDP grew by 5.5 percent year-on-year, significantly faster than the 3 percent growth last year. The IMF predicts that China's economy will grow by 5.2 percent this year and contribute one-third to global economic growth.

"I want to emphasize that the Chinese economy has strong resilience, great potential and vitality, and its long-term fundamentals remain unchanged. We have the confidence and ability to promote sustained and healthy economic development," Mao said.

Recent economic data have offered a different picture from what Western officials and media outlets have claimed.

New bank loans in China almost quadrupled in August from July to an all-time record of 1.36 trillion yuan ($186.18 billion), the central bank announced on Monday. The figure was far above expectations and showed that the intensive series of macro policies announced in August had an almost immediate effect in boosting market confidence.

The CPI, a main gauge of inflation, returned to growth from a decline in August while the PPI, which measures costs for goods at the factory gate, narrowed its decrease compared with July, indicating a stabilization and recovery in the overall price level in China, which defies the foreign media hype about China's deflation pressures.

China's total trade also beat expectations to sustain an upward trajectory in August, as the country's foreign trade structure continued to improve with a competitive edge, while a host of targeted measures to bolster the economy showed results.

Personal consumption also showed strong signs of recovery. During the summer travel peak between June and August, the number of domestic trips totaled 1.839 billion, generating revenue of 1.21 trillion yuan, according to industry data. Many areas of consumption saw strong growth or even record high numbers during the period. Total box office takings reached a new high of 20.6 billion yuan.

China remains committed to high-level opening-up, strengthening cooperation with countries around the world, and sharing the dividends of development. China's development will bring more opportunities for neighboring countries in Asia and the world, Mao said.

[sgbuffett]

China’s economy remains strongly resilient; what has collapsed is 'Chinese collapse' theory: Foreign Ministry
Global Times 
22:27 Sep 12 2023
Foreign Ministry Spokesperson Mao Ning Photo: Ministry of Foreign Affairs
Foreign Ministry Spokesperson Mao Ning Photo: Ministry of Foreign Affairs


China's economy has not collapsed, but on the contrary, hype that it has done so has repeatedly proven to be false, said Chinese Foreign Ministry Spokesperson Mao Ning on Tuesday, defying Western smears that China's economy is facing difficulties and slowing down.

"All sorts of comments predicting the collapse of China's economy keep resurfacing every now and then. But China's economy has outlived them all. What has collapsed is such rhetoric, not China's economy," Mao said at a regular press conference on Tuesday.

She made the remarks in response to a question for comments regarding that some Western politicians including US President Biden claimed China's growth was slowing due to a weak global economy as well as Chinese policies.

Some Western officials and media outlets have unleashed a tsunami of misinformation in recent months in a concerted smear campaign to paint the Chinese economy as being at the cusp of "collapsing." Even Biden has joined the campaign, first describing the Chinese economy as a "time bomb," albeit getting the numbers wrong and most recently calling China's economic situation a "crisis."

A recent article from US news magazine Newsweek, entitled "Has China's Shanghai Turned Into 'Ghost Town'? What Photos Show" citing a user of social media platform X and photos he posted which suggested China's Shanghai has turned into a "ghost town," has stirred strong sentiments on Chinese social media. Many expressed shock at the absurdity of the photos cited in the article trying to paint one of the world's biggest cities with a population of about 25 million people as a "ghost town."

Mao said that despite the sluggish economic recovery globally, the Chinese economy has continued to recover and improve, and it has remained a major driving force for global economic growth.

China's first-half GDP grew by 5.5 percent year-on-year, significantly faster than the 3 percent growth last year. The IMF predicts that China's economy will grow by 5.2 percent this year and contribute one-third to global economic growth.

"I want to emphasize that the Chinese economy has strong resilience, great potential and vitality, and its long-term fundamentals remain unchanged. We have the confidence and ability to promote sustained and healthy economic development," Mao said.

Recent economic data have offered a different picture from what Western officials and media outlets have claimed.

New bank loans in China almost quadrupled in August from July to an all-time record of 1.36 trillion yuan ($186.18 billion), the central bank announced on Monday. The figure was far above expectations and showed that the intensive series of macro policies announced in August had an almost immediate effect in boosting market confidence.

The CPI, a main gauge of inflation, returned to growth from a decline in August while the PPI, which measures costs for goods at the factory gate, narrowed its decrease compared with July, indicating a stabilization and recovery in the overall price level in China, which defies the foreign media hype about China's deflation pressures.

China's total trade also beat expectations to sustain an upward trajectory in August, as the country's foreign trade structure continued to improve with a competitive edge, while a host of targeted measures to bolster the economy showed results.

Personal consumption also showed strong signs of recovery. During the summer travel peak between June and August, the number of domestic trips totaled 1.839 billion, generating revenue of 1.21 trillion yuan, according to industry data. Many areas of consumption saw strong growth or even record high numbers during the period. Total box office takings reached a new high of 20.6 billion yuan.

China remains committed to high-level  opening-up, strengthening cooperation with countries around the world, and sharing the dividends of development. China's development will bring more opportunities for neighboring countries in Asia and the world, Mao said.

This is like propaganda coming out of China. 

Youth unemployment is 20% then they stop publishing the data ...during Euro crisis highest Youth unemployment as 15% and Itialian & Spain changed govt.

China economy is in serious trouble....the word collapse is subjective....did Asian economy collapse during Asian crisis...did US econkmy collapse during financial crisis....did European economy collapse during Euro crisis? Some say yes some say no. It is subjective.

What Is happening in China now is similar to Asian crisis or worse. With very big companies like country garden going down and Yuan falling faster than Thai Baht.

[sgbuffett]

Proof is in pudding...all indices down again....somethjbgblkke 8 out of 10 days. Global investors pulling of of China.

[Lukongsimi]

Si keow keow liao
What do u think?

[victortan]

Knn…. Hsi always set up bull trap. Morning I thought was ok. Then now I come back from ntuc see red. 

Better be careful wait till the sky is clear. Do dca is the best way to beat such a market provided u got holding power. 

No worry longish will be fine. After the rain will shine again.

[victortan]

Proof is in pudding...all indices down again....somethjbgblkke 8 out of 10 days. Global investors pulling of of China.

Congra to u and my friend who win. But better take profit when see thing gg to reverse. Good luck to u.

[WhatDoYouThink!]

Ah butt managed to close yr short position? Got made some pocket money?

[sgbuffett]

Ah butt managed to close yr short position? Got made some pocket money?

Useless support level will be taken out like hot knife cutting butter.Robjn Ho top trader from Phillips already said more downside.

[WhatDoYouThink!]

So you still haven't closed yr short position? 🙃

[victortan]

3.7% a 14 mth high. Sgbuffet is right. 

Next month will be worse if oil go close to 100

I think can buy oil stock a bit.

[sgbuffett]

3.7% a 14 mth high. Sgbuffet is right. 

Next month will be worse if oil go close to 100

I think can buy oil stock a bit.

No way they can go to 2% inflation at current interest rate they have to push to 6% or 6.5%...

[Sentinel]

Core CPI as expected, has dropped -0.4%

Oil has hit its major resistance line

Mkt was waiting for certainty and no surprises, and it is no surprises

FEDS likely will halt hikes on 20 Sep

Anyway, do not do anything yet, until 9:30pm, you could see a surge then

The mkt is very clear now, no more uncertainty, and it opens at 9:30pm, not 8:30pm, DF!

[Sentinel]

No way they can go to 2% inflation at current interest rate they have to push to 6% or 6.5%...

You are masturbating, as usual

[Sentinel]

Core CPI as expected, has dropped -0.4%

Oil has hit its major resistance line

Mkt was waiting for certainty and no surprises, and it is no surprises

FEDS likely will halt hikes on 20 Sep

Anyway, do not do anything yet, until 9:30pm, you could see a surge then

The mkt is very clear now, no more uncertainty, and it opens at 9:30pm, not 8:30pm, DF!

The ORACLE has spoken

[victortan]

FEDS will not be speaking

Are you sure you know what you're doing in the mkts?

Seems like both you and SgBluffett are just gambling, you don't even know how to interpret the various economics events

i longist, i do dca as i hv sold half,,

sgbuffet is a trader. 

I dont tikam tikam lah.. i go for solid stock good FA..

[victortan]

sgbuffet.... HSI look like vy strong at 18XXX.. what u intend to do???

hold or open more short position???

if can short byd and tencent for me to buy..

[Zannn]

Sgbuffett rocks! Reverse indicator did it again

Sgbuffett your shorts wrong again! RI rocks

[sgbuffett]

Sgbuffett your shorts wrong again! RI rocks

Every day the China HK markets drop....why am I wrong.
You are ridiculous to say that 

[Zannn]

Every day the China HK markets drop....why am I wrong.
You are ridiculous to say that 

Now Hsi up 75 pts dude

[Zannn]

HSI futures break 18000 level today.
18000 is a key support once taken out it will fall sharp.
Shorted today based on this technical analysis method.

Dow and Hsi rally, bro yr shorts how??

[victortan]

Dow and Hsi rally, bro yr shorts how??

ya,, look like 18000 strong. i am waiting to see.

i see danger, s&p 500 only the 7 big cap are up 100% YTD,, if we take out those 7 big cap, the entire mkt is red..

so what type of rally if it is not broad base.. it is the AI holding up,, surely it will have to give some where,, danger time folk.

i am not buying this rally..

[victortan]

got a guy here say can print money. But he dont knw we are at today situation of high inflation becuase fed over print so much money.

so now can print more money will hasten the whole world into a deep recession..

not always printing money can save us.. if by printing money can solve problem, then there will be no poor country, right???

if fed so smart we would not have gone through so many mkt crashes and crises..

FED is always behind the curve like they said.... true.

[victortan]

i know ppl may not like what is been said,because he happen to long,,to be friend with many vy simple just praises and prasies nothing but more sweet praises. sure u will get like by all here..

if come here and expect the same opinion as u , then u will not improve,

coming here is to see thing what we cant see. and can compare, that make the different..right???

[Sentinel]

Victor, we are only interested in the NOW and not the FUTURE

If the mkt crashes, we do not want to be a Peter Schiff, keep shouting for mkt crash since 2000 and keep hyping up Gold, but where has Gold went to? NOWHERE

[victortan]

tonite i buy more PR and TDW

i believe oil is heading for 100$ and beyond.

[victortan]

This guy and Robert Kiyo... are gold bug. i buy btc and eth.. way back in 2018.. later i add sol matic ada bnb and a few more. i loss on luna but that is just a portion of the profit been taken away. This is expected of crypto.

so for shitcoin i do take profit now and then, but for btc and eth i am doing a hodl...

do buy some btc ...esp eth and sol.. u will nvr regret u did.

[Zannn]

Dow and Hsi rally, bro yr shorts how??

Sgbuffett wrong again!!! Quick cut loss yr shorts arrr