These 'bubbles' are precarious because of the hedge against the rapidly falling US Dollar. The trade off? Asia's FX war will get hotter which should throw in some wild volatility in the coming weeks.
Plus any 'event' that might occur, or as Nicholas Taleb would say a 'black swan', or as I would say 'you know about it when it hits you'.
Market is overbidding with thinning volume...recipe for a shit storm sell
Protectionist tax measures on foreign held assets, Brazil have done it, now rumored Sth Korea and Thailand. A contagion of similar measures will be the trend. A protectionist end game is here.
Check the Shanghai Composite, speculation central. After USD induced selling and stock buying:
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