Well, the Chinese stock market (and most other stock markets around the world) tanked today. It will be interesting to see where it goes this year and if we can make any correlations to prices in the liquid domain market. Will Chinese investors pull their money from equities and plow it into domains as a “safe” haven? I don’t think a large segment of American stock market investors would do that. If it does happen in China, what does that say about Chinese investors vs. American investors? They are less risk averse? They are more tech savvy? There are way more of them so even a small segment of their investing population can make big moves in a small industry like domains? They have far fewer “safe” places to park their money? Maybe a combination of all of the above.
Most of the descriptions are easily understood, but just in case there are questions:
N = Numeric
I = Initial (a letter not including a,e,i,o,u,v)
C = Character (any number or letter)
Hey Travis,
I found this article and I think it’s worth reading. The author basically says that the Chinese stock markets do not matter, and goes on to explain his point.
http://www.forbes.com/sites/kennethkim/2015/10/01/chinese-stock-markets-do-not-matter/
Thanks for the link Josh. It is an interesting article and nice to have the point of view of an economist from China. His article title is certainly click-bait though. Of course the Chinese markets matter. It is the second largest market in the world. Investors there have trillions of dollars tied up in equities. When their markets tank, they feel it. From our point of view, does that mean that additional assets move into domains? Frankly, I would be surprised if there was a big correlation. I guess we will see.