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 […]

Crescat Capital Quarterly Investor Letter Q3 2015

Download Letter (PDF)August 26, 2015Crescat Capital’s Quarterly Investor Letter, Q3 2015Dear Investors,China’s economic crisis is in full swing and Crescat has been well positioned for it. The People’s Bank of China has begun unpegging its currency this month, just as Crescat had been predicting. As we explain below, we think it is only the beginning of further yuan devaluation. Through […]

"ALL IN": Catch A Falling Buzz Saw

The stock market “enjoyed” its biggest rally in 4 years on the great news that the economy is worse than expected. The recovery has been postponed until never, allowing gamblers access to 0% dopium forever. Oil fell below $39/bbl, but that’s beside the point. Everyone covered their shorts on the news, so this shit show can roll over now…The S&P […]

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 […]

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 […]

European stock markets fall again as China worries bite | Business …

Germany’s Dax index and France’s CAC 40 fell 1.7% on Wednesday morning. Photograph: Corbis
European stocks resumed their falls on Wednesday as fears about the Chinese economy once again gripped investors and a late plunge in US stocks unnerved the market.The FTSE 100 fell by 102 points, or 1.68%, by the close of trading to 5,979 points, below the key 6,000 […]

China is investigating brokers for illegal stock trading – Business …

Employees of one of China’s biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price boom.Three other brokerages announced they are under investigation for possible violations of rules on confirming the identities of customers.China’s main stock market […]

China just took action to reduce stock market speculation – Business …

Mario Tama/Getty ImagesThe China financial futures exchange (CFFEX) just announced a swathe of measures designed to limit market speculation.In a release today CFFEX stated that margin requirements for futures trading had been raised along with transaction fees. They will also restrict trading positions in some stock index futures.Having seen stock futures fall by as much as 10% on both Monday […]

China Devalues Yuan To Fresh 4-Year Lows, Arrests Top Securities …

Update: Chinese stocks are seeing no lift whatsoever from the rate cuts…CSI-300 is fading fast…And*SHANGHAI COMPOSITE INDEX SLIDES 3.3%
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 […]

EL-ERIAN: Tuesday's stock market action was 'particularly …

YouTube / TEDx TalksMohamed El-ErianSee AlsoROSENBERG: Something changed in the market and it’s significantTOM LEE: History shows that we’re not doomed for a bear marketThis is ‘the danger’The US stock markets spent most of Tuesday in the green before tumbling into the close.The Dow was up by as much as 441 points (2.7%) early in the trading day, and yet […]