Wednesday, December 19, 2007

Asian markets mixed

Asian markets are mixed following that kind of day here. Dow futures are down 16, an essentially even signal for tomorrow here. I get deluxe cable service which includes CNBC Asia & Bloomberg TV giving stock market's performance during our overnight period. They just reported that Shanghai market has almost doubled this year. Their index is 5000, up 2300. Of course it is down from over 6000 two months ago. The US imports roughly $300B net imports yearly. This is a very large & fast growing economy. Many US businesses are looking to expand their presence in China. That spells growth.

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