Question: Can 1 good stock go UP if ALL STOCKS are GETTING clobbered?Answer: NO... look at 2008, or even 2000-2002Question: Can 1 Country (as big as China) continue to have incredible economic growth if ALL the countries of the world go into recession...or worse?Answer: NO. These days, I think it's an incedibly inter-connected world economy.Article QUOTE:on Friday following China's second-quarter GDP data, which met forecasts of 7.6 percent and on investor hopes that the Chinese government would continue to cut the benchmark interest to stimulate the economy.This was the first time China's GDP growth has dipped below 8 percent since 2009.However, Faber and other investors are pessimistic about the wider impact of China's slowing growth, saying that he believed the Chinese economy was "rather weak" and that Chinese officials had mis-represented the country's growth figures."I think...investors must realize that the impact of a slowdown in the Chinese economy, which in my view is much larger than what the government has been reporting, the government says GDP has been growing at 7.8%", he said. "In my view, it's much lower."My Comment:Naw...... China, being such an OPEN and TRANSPARENT country would NEVER LIE or MISREPRESENT economic data......would they???? lol........
TICK TOCK....YFIC,Randy