摘要
The United States is sliding into recession. Japan seems to be too. China is tightening aggressively. Oil has soared past USD 100 per barrel. The stars are lined up for a perfect storm as 2008 begins. I expect the Hang Seng Index to drop 20% over the next three months, after which the market could recover in the second quarter when Olympic mania affects market sentiment, Before investors can taste the joy of 2008, they must eat bitterness first.
