Chinese GDP hits 25 Year Low

along with 2016 exports falling 7.7%, with real GDP around 4%.  With the new administration taunting tariffs anywhere from 35% on Mexican Imports and 45% on Chinese Imports, an excellent SPECULATIVE Short Candidate is BABA (NYSE), the Ebay of China, sporting a P/E of 51.54.

Jack Ma, CEO of Alibaba, is almost getting down on his knees begging the new administration not to start a trade war.  Consequences would be so grave that he’d sacrifice his company.

Additionally, the fundamentals support it.

Humanely consider subscribing to my blog.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s