Don’t push this aside, as this is a valid concern that is causing some stir amongst traders.
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New York, NY (PRWEB) December 12, 2011
There is growing evidence of dangerous stalling economic growth in China, the world’s largest manufacturing country, according to George Leong, editor for Profit Confidential.
Any impact on the Chinese economy could send shockwaves around the world, says Leong. The Chinese economy, which had been charging ahead on all cylinders, is showing some growth pains that could hamper the country’s rate of growth.
Profit Confidential reports that there have been warnings signs in China, including high inflation, speculative real estate buying, slower demand, and slower gross domestic product (GDP) growth.
Another significant threat, according to Leong, is that China’s economy is stalling as export demand for cheap, Chinese goods declines due to the lower demand from Europe and the U.S.
China’s real GDP is estimated to expand 9.5% in 2012, according to the International Monetary Fund. There are many question marks as to whether this is achievable given the stalling in Europe and other industrialized regions in Asia and Latin America.
“Don’t push this aside, as this is a valid concern that is causing some stir amongst traders. China is not immune to slowing,” writes Leong in Profit Confidential. “My real concern is that a hard landing, if it should happen, could devastate the stock markets in China, manufacturing, real estate, and the financial system.”
Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market...before it plunged.
Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.
To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.
Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.
Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.