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Wednesday 27 November 2013
Marc Faber : The Fed can Buy the whole Stock Market
Even if the market drops by 20 percent it is not cheap. The Fed could go into the market and buy the whole S&P500. They would have to borrow money or issue money but basically they can do it. It has happened before. In Hong Kong in 1997, the government came in and bought the stock market but at that time it was cheap.
Source: http://silveristhenew.com/2013/11/26/the-fed-can-buy-the-whole-stock-market/
Ex-Soros Adviser’s Dalton China Fund Beat Peers With 25% Return
The $64 million fund outperformed the Eurekahedge Greater China Long-Short Equities Hedge Fund Index by almost 10 percentage points in the first 10 months. Bets on Taiwanese technology companies including Himax Technologies Inc. and Hong Kong-based property developers drove performance, Tony Hsu, Rosenwald’s Shanghai-based co-manager, said in an e-mailed response to Bloomberg News queries.
Read more at : http://www.sfgate.com/business/bloomberg/article/Ex-Soros-Adviser-s-Dalton-China-Fund-Beat-Peers-5008904.php
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