I happen to speak to a fund manager (who specialises in Asian Markets) today, asking her on her thoughts of the various negative comments in the market - formation of the equity bubble (in China).
She mentioned that she have been through a few corrections through her many years investing in Asian equity. She concurred that "the Bubble" is indeed growing larger by the day, but she do not foresee the bubble bursting anytime soon. We also discuss about China 2008 and possible fiscal policies the authorities would take to prevent the bubble from burst too early.
However, she warned me about the "Silent Killer" - when everyone is talking about the bubble, most would have taken necessary precaution which results in dying-off effects of negative noise. And when that happens, the real danger lurks............
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