Go Back  British Expats > Living & Moving Abroad > Europe
Reload this Page >

Recession in China - good news or bad news for Europe?

Recession in China - good news or bad news for Europe?

Old Aug 27th 2015, 9:59 am
  #31  
Banned
 
Joined: Feb 2011
Location: Mallorca
Posts: 18,139
amideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

To the casual observer, one might think everybody lost a fortune in the past week.

But I can assure you, there are plenty who've made a bundle in the past week. To a day trader, volatility is your friend.
amideislas is offline  
Old Aug 27th 2015, 10:38 am
  #32  
BE Forum Addict
 
bigglesworth's Avatar
 
Joined: Jan 2008
Location: The Charente - still smiling.
Posts: 2,624
bigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Very true. From my days as a merchant, my first lesson though was that, like a lot of things, you need to start on the right foot.
But I am no longer atrader. Now I only look at the long term. Strange, as ones personal time horizon shrinks, I think you take a longer view.
bigglesworth is offline  
Old Aug 27th 2015, 10:46 am
  #33  
Hostage Negotiator
Thread Starter
 
InVinoVeritas's Avatar
 
Joined: Jun 2013
Posts: 5,173
InVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Originally Posted by amideislas View Post
To the casual observer, one might think everybody lost a fortune in the past week.

But I can assure you, there are plenty who've made a bundle in the past week. To a day trader, volatility is your friend.
I know a few day traders and they can't make money when there is high volatility. As one of them said "we need some breeze to sail the financial oceans but a force 12 hurricane will always shred our sails"
InVinoVeritas is offline  
Old Aug 27th 2015, 11:16 am
  #34  
Banned
 
Joined: Feb 2011
Location: Mallorca
Posts: 18,139
amideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond reputeamideislas has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Well put.

But I have to believe more than a handful pocketed handsomely when they (their algorithms, actually) sold at the open, and rebought at 1100 points down. It was, after all, very predictable that some kind of rally would result in subsequent hours.
amideislas is offline  
Old Sep 2nd 2015, 1:56 am
  #35  
Hostage Negotiator
Thread Starter
 
InVinoVeritas's Avatar
 
Joined: Jun 2013
Posts: 5,173
InVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Originally Posted by bigglesworth View Post
IVV I may be mad but I dipped my toe in yesterday and again today.
IMO this will all calm down when the big boys get back to their desks in a week or two. Whilst the markets may have been a bit toppy, is it a real reflection of value when the UK - widely seen as one of the strongest economies of the last few years - retraced to five year lows, whilst France and Germany did not even test last year?

There, colours nailed to the mast!

You may need to start crossing something else, Biggles - it's not looking nice out there
InVinoVeritas is offline  
Old Sep 2nd 2015, 10:23 am
  #36  
BE Forum Addict
 
bigglesworth's Avatar
 
Joined: Jan 2008
Location: The Charente - still smiling.
Posts: 2,624
bigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Well I may be ahead of the curve but I do not believe that China has a major implication for the UK, except inmsofar as it incrases Europes woes.
The bit that sticks out that and makes no sense to me is that a slowdown inb China cannot be anything but bad for Europe, especially Germany. So Euro strength on this is strange?
bigglesworth is offline  
Old Sep 2nd 2015, 11:42 am
  #37  
BE Forum Addict
 
bigglesworth's Avatar
 
Joined: Jan 2008
Location: The Charente - still smiling.
Posts: 2,624
bigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Aha IVV
Here come the cavalry
Morgan Stanley issues 'full house' buy alert for stocks - Telegraph
bigglesworth is offline  
Old Sep 4th 2015, 9:10 pm
  #38  
BE Forum Addict
 
bigglesworth's Avatar
 
Joined: Jan 2008
Location: The Charente - still smiling.
Posts: 2,624
bigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Swiftly followed by the Loan Arranger!
[url]http://www.telegraph.co.uk/finance/economics/11845194/Nouriel-Roubini-dismisses-China-scare-as-false-alarm-stuns-with-optimism.html
bigglesworth is offline  
Old Sep 5th 2015, 7:58 am
  #39  
Lost in BE Cyberspace
 
GeniB's Avatar
 
Joined: Nov 2013
Posts: 6,313
GeniB has a reputation beyond reputeGeniB has a reputation beyond reputeGeniB has a reputation beyond reputeGeniB has a reputation beyond reputeGeniB has a reputation beyond reputeGeniB has a reputation beyond reputeGeniB has a reputation beyond reputeGeniB has a reputation beyond reputeGeniB has a reputation beyond reputeGeniB has a reputation beyond reputeGeniB has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Umm isn't that what I said in my post?lol Glad he agrees with me.seems to me it's the 'nip in nano second ' traders who are causing the panic.Those get rich quick kids with zero knowledge.(I won't say parasites .oops I said it )
GeniB is offline  
Old Nov 9th 2015, 4:04 am
  #40  
Hostage Negotiator
Thread Starter
 
InVinoVeritas's Avatar
 
Joined: Jun 2013
Posts: 5,173
InVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

A growth rate of 7% is starting look overly optimistic for 2015 and more pundits are now doubting the Chinese statistics bureau. The drop in imports and exports announced by China today would suggest the situation is actually worse than current GDP figures suggest. Imports fell for the 12th straight month and exports for the 4th. Deflation seems to be a reality and maybe recession is just around the corner.

What say you, people?
InVinoVeritas is offline  
Old Nov 9th 2015, 8:34 am
  #41  
EMR
Banned
 
Joined: Oct 2012
Posts: 26,724
EMR has a reputation beyond reputeEMR has a reputation beyond reputeEMR has a reputation beyond reputeEMR has a reputation beyond reputeEMR has a reputation beyond reputeEMR has a reputation beyond reputeEMR has a reputation beyond reputeEMR has a reputation beyond reputeEMR has a reputation beyond reputeEMR has a reputation beyond reputeEMR has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Originally Posted by InVinoVeritas View Post
A growth rate of 7% is starting look overly optimistic for 2015 and more pundits are now doubting the Chinese statistics bureau. The drop in imports and exports announced by China today would suggest the situation is actually worse than current GDP figures suggest. Imports fell for the 12th straight month and exports for the 4th. Deflation seems to be a reality and maybe recession is just around the corner.

What say you, people?
Tbe head of the CBI today in an interview commented that the revised downward fircasts for UK were influenced by the situation in China.
Not just reflecting a reduction in exports growth to China but to all the other economies who will deckine as Chinese growth reduces.
EMR is offline  
Old Nov 9th 2015, 9:45 am
  #42  
BE Forum Addict
 
bigglesworth's Avatar
 
Joined: Jan 2008
Location: The Charente - still smiling.
Posts: 2,624
bigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

To be fair EMR, Mr Carney and his acolytes would be better advised to examine the entrails of dead animals to forecast what is happening in the world economy than whatever statistical model thay are currently using.
bigglesworth is offline  
Old Nov 9th 2015, 10:10 am
  #43  
Joined on April fools day
 
Beaverstate's Avatar
 
Joined: Apr 2012
Location: Hops capital of...well hops festival
Posts: 10,638
Beaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

Originally Posted by InVinoVeritas View Post
A growth rate of 7% is starting look overly optimistic for 2015 and more pundits are now doubting the Chinese statistics bureau. The drop in imports and exports announced by China today would suggest the situation is actually worse than current GDP figures suggest. Imports fell for the 12th straight month and exports for the 4th. Deflation seems to be a reality and maybe recession is just around the corner.

What say you, people?
Iv'e read several private economists saying 3 to 4% is reasonable and likely.
Beaverstate is offline  
Old Nov 9th 2015, 2:29 pm
  #44  
BE Forum Addict
 
bigglesworth's Avatar
 
Joined: Jan 2008
Location: The Charente - still smiling.
Posts: 2,624
bigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond reputebigglesworth has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

I've always liked Hamish McRae, who seems more reflective than many of the economics commentators. Not sure why he stayed at the Independent.
But here is his bit on China
Bank of England may be overdoing its China worries | Analysis & Features | Business | London Evening Standard
bigglesworth is offline  
Old Jan 7th 2016, 7:54 am
  #45  
Hostage Negotiator
Thread Starter
 
InVinoVeritas's Avatar
 
Joined: Jun 2013
Posts: 5,173
InVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond reputeInVinoVeritas has a reputation beyond repute
Default Re: Recession in China - good news or bad news for Europe?

It's beginning to look China's sneezing is going to give everyone a cold now
InVinoVeritas is offline  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.