Click on chart to enlarge, courtesy of Citigroup Global Markets.
Well, but it does not appear that Asia X Japan equities are cheap either ... Click on chart to enlarge, courtesy of Citigroup Global Markets.
Tuesday, June 29, 2010
Asian Domestic Excess Liquidity And Stock Valuations
I made cautious about global liquidity before last Christmas, but analysts at Citigroup Global Markets still see the contraction lasting till August/September. Shanghai Composite managed to break into new bear market lows today with a stunning move of more than 4% on day. This may be, though, just coincidence ...
Click on chart to enlarge, courtesy of Citigroup Global Markets.
Well, but it does not appear that Asia X Japan equities are cheap either ... Click on chart to enlarge, courtesy of Citigroup Global Markets.
Click on chart to enlarge, courtesy of Citigroup Global Markets.
Well, but it does not appear that Asia X Japan equities are cheap either ... Click on chart to enlarge, courtesy of Citigroup Global Markets.
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