Monday, January 17, 2005

economy - Stock markets at lowest point in six years

In de past years I have mainly ignored the sad news from the stock exchanges in China. While traders and other interest groups see every little upward jump as the first sign of an unavoidable upswing of the stock markets, I stick to my own predicting. The markets have not reached their bottom, it can go much, much lower, and it will.
Bloomberg reports today that the stock markets have reached its lowest point in six years. No news, I would say, although records like this are perhaps worthwhile to report.

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