Uncategorized

Chinese Man Jumps From 17th Floor In First Stock Market Casualty …

It appears the collapse of China’s stock market has officially taken its first victim. While we have heard from desperate farmers who lost everything after realizing that making money in stocks is not easier than farmwork, RT reports that a 57-year-old man has allegedly committed suicide in Shenyang, the largest city in Liaoning Province, by jumping off the 17th floor […]

CNN Tells Americans That The Stock Market Is Not Going To Crash

By Michael Snyder, on August 26th, 2015On Wednesday we witnessed the third largest single day point gain for the Dow Jones Industrial Average ever.  That sounds like great news until you realize that the two largest were in October 2008 – right in the middle of the last financial crisis.  This is a perfect example of what I wrote […]

Today Stocks Were Way Up Because the Stock Market Is Pure Fantasy

After the biggest drop since the Great Recession on Monday, U.S. stocks today posted their biggest gain in four years, because the stock market is driven mainly by bullshit. http://gawker.com/is-the-stock-m…Is The Stock Market Driven Mainly by Bullshit? Is The Stock Market Driven Mainly by Bullshit? Is The Stock Market Driven Mainly by Bullshit?Last week saw the stock market take its […]

China: police detain financial reporter for “spreading false …

Photo: ReutersA respected journalist in China who reported an important story about that nation’s stock market fluctuations was held by police, who say he was “spreading false information.””Chinese authorities’ hypersensitivity to fluctuations in the financial markets is no reason to intimidate and jail a journalist for covering the news,” the Committee to Protect Journalists said today. “We call on Chinese […]

What the China stock market crash means for startups | VentureBeat …

The China stock market downturn and currency changes have started to impact the global market. With 50+ startups in my firm’s global portfolio and a fast growing startup of my own, I thought it would be very timely to discuss what is happening in China and it’s potential impact on startups.So I jumped on a call with Vaughn Tan, Assistant […]

Stock market plunges since 2007 – Business Insider

It has been a wild few days in the markets.US markets are rallying Wednesday after an ugly day Tuesday, which saw stocks rally sharply early in the day before a huge sell-off in the final hour of trading.But as interesting as it is to track the play-by-plays, it’s also worth taking a gander at how this recent plunge looks relative to others.This chart from Doug Short highlights […]

Jim Grant: The Fed Turned the Stock Market Into a 'Hall of Mirrors …

Jim Grant: The Fed Turned the Stock Market Into a ‘Hall of Mirrors’
The editor of Grant’s Interest Rate Observer on the recent turmoil.
Matt Welch & Jim Epstein | August 26, 2015
EMAIL
SHARE
Facebook

Tumblr
Blogger
StumbleUpon
Digg
Delicious
Reddit
Google
Linkedin
Kindle

PRINT

Spritz

“Confoundingly to me, people have come to be quite accepting of the value attached by fiat to these pieces of paper we call currency,” says Jim Grant, who’s the editor […]

One good thing has come from the stock market rout – Business Insider

More Charts

The stock market has been getting slammed. As of Tuesday’s close, the S&P 500 was down 12.5% from its all-time high of 2,134, which it set on May 20.But there’s some good news for investors with cash to allocate: valuations have gotten a lot more attractive.The price-to-earnings (PE) ratio — the price of the S&P 500 divided by the […]

Why the US Shouldn't Panic About China's Stock Market Collapse …

Uncertainty continued to reign across the global stock market Wednesday as investors waited to see whether China could manage to stabilize its economy following its massive plunge on Monday.It was hoped the worst was over after the People’s Bank of China cut its interest rates late on Tuesday and lowered the amount of reserves it demands that banks hold, but […]

China's economic woes extend far beyond its stock market …

China’s economic outlook is causing global jitters. Photograph: Rolex Dela Pena/EPA
The Chinese government’s heavy handed efforts to contain recent stock market volatility – the latest move prohibits short-selling and sales by major shareholders – have seriously damaged its credibility. But China’s policy failures should come as no surprise. Policymakers there are far from the first to mismanage financial markets, currencies, […]