Dear Eric; As we know that you suggest us to pay more attention on the subject of Latin America on 2010;; I found that from the evidence of EPFR, most of the money flow to Asia. So the countries like India,Thailand,Singapore,Indonesia,..etc. their bill currency become more stronger. Is it the beginning of the mail appreciation of Asiastock now?
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2010-10-04 19:19:00
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RE: Due to the stronger currency of Global Asia?
> Dear Eric; As we know that you suggest us to pay more attention on the subject of Latin America on 2010;; I found that from the evidence of EPFR, most of the money flow to Asia. So the countries like India,Thailand,Singapore,Indonesia,..etc. their bill currency become more stronger. Is it the beginning of the mail appreciation of Asiastock now?
Strong currency reflects the strong economy. When U.S. and Europe are struggling with unstable economy at the current stage, the only place that "hot money" can go is Asia or emerging market. In my personally opinion, I believe the "hot meony" will raise the price of equity and real estate. Therfore, like you said, the stock price in Aisa will go up.
If you steady watch the currency of Brazil, you will also find it keeps rising recently. So, the stock market will have a great chance going up in Brazil, either.
