Schedule for Week of May 5, 2024
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This will be a very light week for economic data.
*----- Monday, May 6th -----*
2:00 PM: *Senior Loan Officer Opinion Survey on Bank Lending Practices* for...
2009-04-02
Financials, Real Estate, Airlines Pop in Hong Kong
Beaten down financial, real estate and transportation stocks rebounded sharply in Hong Kong, some well into double digits, as the Hang Seng Index rallied 7.41%. The Nikkei was up more than 4%. I missed this rally, but I still believe it is a short-term correction in a long-term bear market.
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