Op-Ed, Financial Focus: China, Hong Kong, Coronavirus or Presidential Ineptness – Which Will Kill Us First?
As a money manager since 1992, I can tell you personally that one of the things managers do, way before the U.S. markets open each day at 9:30 a.m, is to first look at the world financial markets. One of the first to be examined is the “Asian” markets and most specifically, Hong Kong, which opens 12 hours prior to the U.S. markets. Hong Kong’s “capitalist” system, which has been going strong for over two decades now, has led many a U.S. market to boom. Although, of course, U.S. news affects U.S. financial markets, many money managers will also
