Update: Chinese stocks are seeing no lift whatsoever from the rate cuts…CSI-300 is fading fast…And*SHANGHAI COMPOSITE INDEX SLIDES 3.3%
*SUGA: HOPE CHINA RATE CUT WILL CONTRIBUTE TO CHINA GROWTH
Confusion reigns at Bloomberg also… (look at URL – original title, and compared to title posted at 8pmET)…And now…h/t BeermunkAs we detailed earlier:The Asia morning begins mixed in stock markets, The PBOC explains […]
Collapse of US stocks due to ‘a confluence of negative attributes’. US stock markets staged a stunning recovery on Monday after plunging to dramatic lows earlier in the day as markets across the world went into meltdown over ongoing fears of a collapse in the Chinese economy.The Dow Jones Industrial average was down 200 points, or 1.2%, at 16,257 points […]
Societe GeneraleFinancial sector up like crazy thanks to the crazy stock market surge.China’s volatile stock market has been front and center over the last few months.The Shanghai Composite Index exploded to all-time highs in June, and then crashed about a month later.But although the stocks grabbed everyone’s attention, it’s also important to look at what’s going on in the rest of […]
Sunday, 23rd August 2015Note: News U Wish to Read is a compilation of articles published in the press, in the UAE, India and world around. Its purpose is to keep us informed of important news items which we all wish not to miss. Enjoy reading the below news items and links. More sections will come as it takes shape and […]
*)Making Sense Of The Sudden Market Plunge; The global deflationary wave we have been tracking since last fall is picking up steam. This is the natural and unavoidable aftereffect of a global liquidity bubble brought to you courtesy of the world’s main central banks. What goes up must come down, and that’s especially true for the world’s many poorly-constructed financial […]
Submitted by Chris Martenson of PeakProsperityMaking Sense Of The Sudden Market PlungeThe global deflationary wave we have been tracking since last fall is picking up steam. This is the natural and unavoidable aftereffect of a global liquidity bubble brought to you courtesy of the world’s main central banks. What goes up must come down – and that’s especially true for […]
Submitted by Pater Tenebrarum via Acting-Man.com,A Look at the Broader Market’s InternalsWe have previously discussed the stock market’s deteriorating internals, and in light of recent market weakness want to take a brief look at the broader market in the form if the NYSE Index (NYA). First it has to be noted that a majority of the stocks in the NYA […]
Submitted by Pater Tenebrarum via Acting-Man.com,A Look at the Broader Market’s InternalsWe have previously discussed the stock market’s deteriorating internals, and in light of recent market weakness want to take a brief look at the broader market in the form if the NYSE Index (NYA). First it has to be noted that a majority of the stocks in the NYA […]
Traders work on the floor of the New York Stock Exchange near the end of the trading day in New York on Friday. Photograph: Andrew Gombert/EPA
US stock markets dropped dramatically on Friday afternoon, dragging overall global markets to their worst week of the year as concerns about the health of the Chinese economy rattled investors across the world.All of the […]
Sometimes it helps to take look the world through an unconventional perspective when thinking about the size of things.So here’s a pretty awesome map from Bank of America Merrill Lynch’s Chief Investment Strategist Michael Hartnett that shows the world according to free-float equity market capitalization in billions of dollars measured by the MSCI.The US, with a market cap of $19.8 trillion, is the […]
