Charts of the Day: Asian Credit Bubble?

Great chart from Deustche Bank of Asian home prices indexed to Jan’07.   It’s becoming increasingly clear, at least to us, that a big part of Asia is in massive credit/asset bubble and as monetary tightening plays out their day of reckoning nears.  When we see a day like today in commodities we wonder if it that day is closer at hand.   Indian and Brazilian stocks were hit hard on tightening and fear thereof.   Even the U.S. 10-year treasury yield is behaving contrary to what the end of QE2 should dictate.   What up?   We’re not certain, but certainly reducing risk.  (click here if charts are not observable)

This entry was posted in Black Swan Watch, Bonds, China, Commodities, Credit, Crude Oil, Currency and tagged , . Bookmark the permalink.

Leave a Reply

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

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

Google photo

You are commenting using your Google 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 )

Connecting to %s

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