Financial stories are floating around in the small harbor of the little village I live in near the sea, somewhere lost in the fog of an Atlantic coast. Seagulls, fisherboats and the pub where we sing at night. To forget about the mess we made... Bankers, analysts, traders and others drifting around - all welcome home
Thursday, 23 April 2009
Is this rally coming to an end?
Emerging markets and China were the leaders for the rally of the last 6 weeks. But this seems to come to a halt for the moment. The iShares FTSE/Xinhua China 25 (ticker: FXI) is not climbing anymore.
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