I have a vivid illustration of the difference between me and many other market observers. Just yesterday on the Goldman-loving permabull site ZH, one chap deigned that, yes, the Chinese stock market mega-rally might peter out “a few weeks” after Golden Week is over. In other words, in about a month.
In contrast, yesterday, in the face of the 13th day in a row of Chinese stocks melting up, I declared both in print and on my tastylive show that not only was I holding my Chinese shorts, I was adding to them, because my sense was that the rally would flame out just like the one in May had.
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