The view from Goldman Sachs
Timothy Moe of Goldman Sachs says he is positive on Chinese stocks in part because earnings growth in China has been the best in the region relative to consensus expectations, and PE’s of 12x aren’t aggressive. We’ll see.
Bonus: China weirdness of the first order, with Soros praising Agent Orange.
September 12th, 2019 at 9:23 pm
China Needs Money – Evidence in Desperate FDI Actions, Not Words
https://moneymaven.io/mishtalk/economics/china-needs-money-evidence-in-desperate-fdi-actions-not-words-qX0fZw6p3USci72wOmfy6Q/