Global stocks edge up as Wall Street gains; supply weighs on oil

Asia stock markets have already been overvalued in a large scale. Most of the economies have a worse future that the stock markets are showing off. I estimate in the next 12 months most of the markets will lose quite a lot of value- 20%-40%. The stock prices will be much lower than their current prices, particularly in Hong Kong and main land. The countries in western world are gradually pushed into austerity actively or passively, although their stock markets still have potential, but this widespread austerity is a very bad sign to Asian stock markets. I think things will be a lot worse from Thailand to Korea, from China to Singapore. The major market of China is also keeping going down and this limits many demands that were already planed. So overcapacity keeps eating up the profits of all kinds of business in Asia. In short, the hot markets, such as the real estate in Hong Kong and Beijing is a bad signal. The cooling markets, such as the retailing and manufacturing, is a bad signal, too. In general, nothing is good. So nothing is good to commodities, from oil to gold, from coal to copper, either. Even the grain market is suspicious.

its called deflation precursor to hyperinflation