prc30 on Nostr: Hey Camper appreciate the shoutout. Been quiet here for a few days for this specific ...
Hey Camper (npub1klj…t938) appreciate the shoutout. Been quiet here for a few days for this specific reasons. Have been on more Zoom calls with clients on “what is going on”?
Basically, Chinese investors operate in a closed system. There’s property, but that’s now deemed toxic.
There’s equity/stocks, but given intense volatility that asset class is also now deemed toxic.
That leaves fixed income. Investors of all stripes and colors are blowing into bonds and with so much demand yields are falling.
I would also add, or rather repeat, Keynes is Dead in China. Policy is centered on an aggressive, system-wide delivering process. There’ll be no major (bazooka) stimulus measure any time soon.
Finally, the P2P market for Bitcoin is very much alive and well here in China.
Also, yo MartyBent (npub1guh…6hjy) , hit me up anytime for a TFTC chat about this and everything “China”.
Basically, Chinese investors operate in a closed system. There’s property, but that’s now deemed toxic.
There’s equity/stocks, but given intense volatility that asset class is also now deemed toxic.
That leaves fixed income. Investors of all stripes and colors are blowing into bonds and with so much demand yields are falling.
I would also add, or rather repeat, Keynes is Dead in China. Policy is centered on an aggressive, system-wide delivering process. There’ll be no major (bazooka) stimulus measure any time soon.
Finally, the P2P market for Bitcoin is very much alive and well here in China.
Also, yo MartyBent (npub1guh…6hjy) , hit me up anytime for a TFTC chat about this and everything “China”.