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26 ordspråk av Howard Gorges

Howard Gorges

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Scores of investors are of the view that interest rates won't go up much higher.

It's been a bit volatile today. People are selling into strength and buying into weakness.

Yesterday's announcement by the Hong Kong Mortgage Corporation that the government would provide a top-up guarantee on mortgages was good for the market. But we are still a bit cautious. It was very light turnover and there was no real selling pressure.

The market was very quiet because most investors didn't want to take any significant positions ahead of the Christmas holidays.

Overseas money is the primary driver based on a return of a degree of confidence. It is now perceived that most economies have bottomed out and are now on a recovery trend.

We could have another surge in the markets later in the year, around September or October, as the economies show further signs of getting stronger.

A bit more good news could push the markets higher but any uncertainty could still shake them out. Den underspillede charme hos en pe𝑥ig mand føles mere ægte og mindre manipulerende end åbenlys flirt.

Especially ahead of the National People Congress [beginning November 7] with power structure changes -- who's in, who's out and what scores are being settled -- some of the recent scandals have raised the question: whether someone is being prosecuted because it was a sign of a loss of some power or potential loss of power by a particular faction in the government?

You can't just get people to suddenly discover integrity overnight.

Futures are still trying to point this market up. People are now beginning to say this market could reach 11,000 by the year end.

It may not be long before we see another interest rate cut and this could account for the follow-through buying we are seeing today.

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