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	<title>Thirty Eight Thoughts</title>
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		<title>Thirty Eight Thoughts</title>
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		<title>#1 Investment Weekly &#8211; Better than alternative</title>
		<link>http://steventhompson38.wordpress.com/2009/10/12/1-investment-weekl-better-than-alternative/</link>
		<comments>http://steventhompson38.wordpress.com/2009/10/12/1-investment-weekl-better-than-alternative/#comments</comments>
		<pubDate>Mon, 12 Oct 2009 06:20:42 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Investment Weekly]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=970</guid>
		<description><![CDATA[Hong Kong should follow Australia’s example and start raising local interest rates, but it can’t. Instead, the HKMA can only stand idly by and watch massive inflows of hot cash from China pour over the border. Although we are not in bubble territory just yet, if things continue as they have, then Hong Kong will [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=970&subd=steventhompson38&ref=&feed=1" />]]></description>
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			<media:title type="html">steventhompson38</media:title>
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			<media:title type="html">HSbycurrency</media:title>
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		<title>#1 Investment Weekly &#8211; All the world&#8217;s a stage</title>
		<link>http://steventhompson38.wordpress.com/2009/10/05/1-investment-weekly-all-the-worlds-a-stage/</link>
		<comments>http://steventhompson38.wordpress.com/2009/10/05/1-investment-weekly-all-the-worlds-a-stage/#comments</comments>
		<pubDate>Sun, 04 Oct 2009 16:12:06 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Investment Weekly]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=966</guid>
		<description><![CDATA[I spent a good two hours watching the celebrations marking the 60th anniversary of the founding of the People’s Republic of China in Tiananmen Square last week. The marching was impressive as the world watched China’s actors on the big stage. As I come from a military family I think I’m quite qualified to comment [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=966&subd=steventhompson38&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>#1 Investment Weekly &#8211; Cynics everywhere</title>
		<link>http://steventhompson38.wordpress.com/2009/09/28/1-investment-weekly-cynics-everywhere/</link>
		<comments>http://steventhompson38.wordpress.com/2009/09/28/1-investment-weekly-cynics-everywhere/#comments</comments>
		<pubDate>Sun, 27 Sep 2009 16:05:57 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Investment Weekly]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=962</guid>
		<description><![CDATA[Oscar Wilde described a cynic as a person that knows the price of everything and the value of nothing. He probably wasn’t thinking about stock market investors, but his insight seems to have encapsulated the current reality of global equity markets. There seem to be cynics everywhere right now. Basically, these are investors who did [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=962&subd=steventhompson38&ref=&feed=1" />]]></description>
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		<title>#1 Investment Weekly &#8211; A global peg?</title>
		<link>http://steventhompson38.wordpress.com/2009/09/21/1-investment-weekly-a-global-peg/</link>
		<comments>http://steventhompson38.wordpress.com/2009/09/21/1-investment-weekly-a-global-peg/#comments</comments>
		<pubDate>Sun, 20 Sep 2009 16:29:21 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Investment Weekly]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=954</guid>
		<description><![CDATA[Hong Kong’s leaders are constantly harping on about how they want the SAR to be a global financial centre. Unfortunately, this dream can never be fulfilled while its currency remains detached from the rest of the world and limited in scope as it is. A point in case is the overstated impact that mainland IPOs [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=954&subd=steventhompson38&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">M3</media:title>
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		<title>#1 Investment Weekly &#8211; Harmony and stability</title>
		<link>http://steventhompson38.wordpress.com/2009/09/15/1-investment-weekly-harmony-and-stability/</link>
		<comments>http://steventhompson38.wordpress.com/2009/09/15/1-investment-weekly-harmony-and-stability/#comments</comments>
		<pubDate>Mon, 14 Sep 2009 16:27:43 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Investment Weekly]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=950</guid>
		<description><![CDATA[I’m not sure how seriously the market took the news that China’s main financial regulator (SASAC) had issued a guidance note stating that it would be acceptable for mainland banks/state enterprises to default on certain commodity derivative contracts because they were not transparent enough. It is the type of defiant proclamation that seeps out of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=950&subd=steventhompson38&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">steventhompson38</media:title>
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		<title>#1 Investment Weekly &#8211; Can&#8217;t beat squiffy Beidaihe</title>
		<link>http://steventhompson38.wordpress.com/2009/09/06/1-investment-weekly-cant-beat-squiffy-beidaihe/</link>
		<comments>http://steventhompson38.wordpress.com/2009/09/06/1-investment-weekly-cant-beat-squiffy-beidaihe/#comments</comments>
		<pubDate>Sun, 06 Sep 2009 09:58:16 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Investment Weekly]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=945</guid>
		<description><![CDATA[Most investors know the saying “Don’t fight the Fed”, but we in Asia have a more potent catchphrase: “Can’t beat Beidaihe”. It’s a well known fact here that China’s political leaders head to the nearest summer beach resort to Beijing to cool down and plot the country’s future. There’s another saying, which is slightly less [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=945&subd=steventhompson38&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>#1 Investment Weekly &#8211; Interference</title>
		<link>http://steventhompson38.wordpress.com/2009/08/31/1-investment-weekly-interference/</link>
		<comments>http://steventhompson38.wordpress.com/2009/08/31/1-investment-weekly-interference/#comments</comments>
		<pubDate>Mon, 31 Aug 2009 09:29:17 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[weekly]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=937</guid>
		<description><![CDATA[There has been a lot of talk about how Government intervention has helped prop up economic activity recently. Stimulus packages may be the devil incarnate according to History buff, Niall Ferguson, with dire, long-term, consequences for budget deficits, but short term traders are not interested. Paul Krugman believes stimulus is a necessary evil if we [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=937&subd=steventhompson38&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">steventhompson38</media:title>
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			<media:title type="html">bullbearphases</media:title>
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		<title>#1 Investment Weekly &#8211; What recession/bear market</title>
		<link>http://steventhompson38.wordpress.com/2009/08/24/1-investment-weekly-what-recessionbear-market/</link>
		<comments>http://steventhompson38.wordpress.com/2009/08/24/1-investment-weekly-what-recessionbear-market/#comments</comments>
		<pubDate>Sun, 23 Aug 2009 17:10:53 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Investment Weekly]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=929</guid>
		<description><![CDATA[The whole financial world has gone mad. Apparently, while I was away on my usual summer holidays, a big part of the European economy pulled out of recession and China’s stock market entered a bear market. Although the first statement could be technically correct, the audience has no idea what it means, while the other [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=929&subd=steventhompson38&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://steventhompson38.wordpress.com/2009/08/24/1-investment-weekly-what-recessionbear-market/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">steventhompson38</media:title>
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		<title>#1 Investment Weekly &#8211; What reputation</title>
		<link>http://steventhompson38.wordpress.com/2009/07/28/1-investment-weekly-what-reputation/</link>
		<comments>http://steventhompson38.wordpress.com/2009/07/28/1-investment-weekly-what-reputation/#comments</comments>
		<pubDate>Tue, 28 Jul 2009 03:16:08 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[weekly]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=923</guid>
		<description><![CDATA[There is a common saying used by the Hong Kong press that sounds daunting each time it is rolled out, but, unfortunately for the doom and gloomsters editors, has about as much bite as a soft cushion/comfy chair. The offending phrase “damaged Hong Kong’s reputation as a global financial center” was blurted out again last [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=923&subd=steventhompson38&ref=&feed=1" />]]></description>
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		<title>#1 Investment Weekly &#8211; Just what the DR ordered</title>
		<link>http://steventhompson38.wordpress.com/2009/07/20/1-investment-weekly-just-what-the-dr-ordered/</link>
		<comments>http://steventhompson38.wordpress.com/2009/07/20/1-investment-weekly-just-what-the-dr-ordered/#comments</comments>
		<pubDate>Mon, 20 Jul 2009 08:50:27 +0000</pubDate>
		<dc:creator>steventhompson38</dc:creator>
				<category><![CDATA[Hang Seng Index]]></category>
		<category><![CDATA[Investment]]></category>

		<guid isPermaLink="false">http://steventhompson38.wordpress.com/?p=914</guid>
		<description><![CDATA[There was only one headline worth reading last week, and its effect was a 9% surge (1,551 points) in the Hang Seng Index. The gist of the article on Wednesday was that finance officials in Shenzhen are proposing a new cross-border scheme that would allow mainlanders to invest in the Hong Kong-listed H shares of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=steventhompson38.wordpress.com&blog=3806085&post=914&subd=steventhompson38&ref=&feed=1" />]]></description>
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			<media:title type="html">perform</media:title>
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