Saturday, 16 August 2008

Dr. Doom



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Hot Money Scapegoated for A-share Market Nosedive

China’s A-share market has plummeted over 10% in the week since the opening of the Olympic Games, and many investors are wondering if hot money is short selling A-shares. Since the middle of October last year, the A-share market has dropped by 60%.

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David Stevenson: Go on the defensive to avoid fate like Japan’s

A disturbing thought has been dogging me: we may not be about to enter a “normal”, cyclical bear market of 25 to 30 per cent losses, but may instead endure a bear market akin to Japan’s, where returns on equity are pounded down as successive waves of rallies are consumed in a wider sense of gloom and re-rating.

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Sunday, 10 August 2008

Hedge funds brace for more heat after record losses

Hedge funds are braced for more dire performance data after sharp reversals in commodities and financials last month pushed some funds to record losses - making the goal of positive returns for the year even harder to reach.

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