Tuesday, June 10, 2014

Continue to be a China bull

What people need to understand and very smart people have been calling about the demise of China for the past two and a half decades. They have been consistently and completely wrong. 

China's population is leaping from the 14th century to the 22nd century, bypassing the 21st century. And they are not going back.  Yes there's a lot of housing that's probably over built. But on balance thats going to be taken up.

On balance, China is moving from the lower left to the upper right on the charts. The economy is moving stronger. So if that makes me a China bull, I've been one for a long time—I will continue to be one.