When Will Gravity Kick In?

10 October 2007

Many economies throughout the world have seen fantastic growth over the past 5 years or so.  Logic says we are all

due for a significant correction….or are we?

 

Many thought the credit crunch/crisis that the US faced a few weeks ago (and continues to deal with today) was the

beginning of the end and that economies throughout the world would tumble like dominos.  Yet the markets have

rallied based on many factors.

 

The S&P 500 hit new all time highs last week.
The NASDAQ hit 7-year highs this week.
A quick look last Friday at some of the Chinese stocks that I follow (see below) shows that their meteoric rise is continuing.

 

It makes you wonder when this “economic slowdown” will kick it.

Chinastocks_oct5_6

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