asian stocks sky-rocketing !!
Stocks in Asia rose when Australian employers suddenly added workers last month and the largest aluminum producer Alcoa Inc's earnings excelled the analyst predictions.
Robert Horrocks at Matthews International Capital Management LLC in San Francisco said: “Valuations are no longer particularly cheap in Asia, but they don’t appear to be overly excessive either. Stock markets now are going to be driven by the ability of companies to sustain a reasonable level of growth.
|