China and the United States stock market are very big difference between hot and cold
China and the United States stock market are very big difference between hot and cold: The stock market witnessed a fearless hope victory. But I hope that "winning" the Chinese are places, rather than the United States. Chinese banks are in good condition, loans and savings are increasing, while the Bank of America is not the case.
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Since November last year, Barack Obama was elected President of the United States since the stock market witnessed a fearless hope victory. But I hope that "winning" the Chinese are places, rather than the United States.
Since November 4, China's SSE Composite Index's performance than the U.S. S & P 500 index's leading full 75%. November announced economic stimulus package to help start a round up of China's stock market. Recent economic data showed a recovery in Chinese economic activity, combined with the official hinted that will stimulate the introduction of new programs, which are further pushed up the market.
At the same time, Obama has become the most since the 1900 stock market are not "welcome" the U.S. president. Frankly speaking, the market for the White House so far since the new team was not satisfied with the performance.
It is difficult to be attributed to a huge boost for Obama's opposition to the program, because China is using the same policy to revitalize confidence; can hardly be attributed to the socialist philosophy Obama alleged.
In contrast, the market may not enjoy American-style democracy. China announced a set of incentive programs can, and then proceed to implementation; and in the United States, such programs must go through cumbersome procedures for congressional consideration. Ideally, economic policy should be formulated by the Committee; people obviously unhappy with the fact that Obama team to allow Congress to decide economic stimulus package details.
Followed by the bank. Chinese banks are in good condition, loans and savings are increasing, while the Bank of America is not the case.
Finally the officials are confident the problem. Since the U.S. Treasury Secretary Tim Geithner released his speech, the banking reform program, since the S & P 500 index fell 20 percent, and his speech is very bad repercussions.
Markets do not expect to see the Almighty may be the "silver bullet", but it does expect the new Government to come up with a set of clear statements "A Plan." Obama Aware of the Government has in fact no such plans on the market confidence is a great blow.
At the same time, market is the hope (perhaps it is too much hope) at the mercy of Chinese officials on the bold, expect them to find ways to help China's economy has maintained the right track.
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