Roller-Coaster Ride-Taiwan Fund Market Insight Report, August 2007
From: Lipper
•The subprime mortgage crisis was contagious; global markets had a roller-coaster ride in August.
•The China market was walled off from and outshone other Asian markets.
•Equity Sector Real Estate rebounded, while Equity Emerging Asia markets plunged.
•The fed funds rate stayed unchanged, while the government bond yield went down because of the rally.
•Concerns haven’t been relieved; be wary of the turmoil and risk.
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Copyright Fund China 2009.
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