 By Prieur du Plessis, on May 17th, 2010 posted in: Economy, Investment  Are stock markets, being discounting mechanisms, already starting to focus on a less than rosy economic recovery, and thereby also less lofty growth in corporate earnings? Given the full equity valuations, slower economic and earnings growth perhaps argue for a deeper correction than what most market pundits are calling for at the moment. […] By Prieur du Plessis, on May 17th, 2010 posted in: Investment, Stocks With the Shanghai Composite Index (SSEC) now having declined by 23.3% since its peak of November 2010, it would seem that Chinese equities have indeed been a canary in the coal main and are now leading global bourses lower. Read on … […] By Prieur du Plessis, on May 17th, 2010 posted in: China, Investment In this post, Max Keiser interviews Paul Midler, author of “Poorly Made in China”, about China’s $300 billion rail projects; how restricting liquidity in a command and control economy actually accentuates misallocation of resources; and about having to hire lawyers to find out what is in his shampoo. […] By Prieur du Plessis, on May 17th, 2010 posted in: Humor A picture speaks a thousand words … […] | Don Coxe’s Weekly WebcastPodcast – Dow Jones One minute - every hour - weekdays
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