Guo’s Bubbles

Tuesday's word was "bubble" or, actually, "bubbles," plural. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission and Party secretary of the central bank, expressed more than a little concern about what he deemed speculative excess in US and European markets, where he judged that asset prices are diverging from the underlying economic fundamentals. China, Guo said, is worried about the fallout in the event those purported bubbles were to burst, which they will "sooner

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today

View subscription options

Already have an account? log in

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

One thought on “Guo’s Bubbles