Chinese investors monitor stock prices at a brokerage house in Beijing. Photograph: Mark Schiefelbein/AP
China’s Shanghai Composite Index plunged more than 6% in its biggest drop in three weeks, amid fears that the recent change in exchange rate policy may accelerate flows of capital out of China.The Shanghai Composite Index fell 6.2% to 3,748.16, its largest fall since an 8.5% dive […]
China’s stock markets cratered again today, despite the government’s stimulus efforts. The Shanghai Composite Index fell by 8.5% and the Shenzhen A-shares index lost 7% of its value.Over the past 10 years, today’s drop was the second-worst on record:The fall comes after the government reported a 0.3% drop in industrial profits in June, a sign that China’s economy may be […]
REUTERS/China DailyAn investor adjusts his glasses as he looks at a computer screen in front of an electronic board showing stock information at a brokerage house in Fuyang, Anhui province, China, July 9, 2015.There’s been a lot of panic in recent weeks about the colossal collapse of China’s stock markets, from both banks and Beijing.But Goldman Sachs thinks naysayers have […]
Kyle Anderson: This is the second-longest stretch without a stock market correction for the S&P 500 since 1945, according to RBC Wealth Management.It’s been more than 1,350 days since we’ve seen a correction in the S&P 500.A stock market correction is defined as a 10% dip from the index’s high.Have you ever wondered how billionaires continue to get RICHER, while the rest of the world […]
Stock Market Crash ChartsStock-Markets / Financial CrashJun 22, 2015 – 08:14 AM GMTBy: Toby_ConnorIf the Fed continues to intervene and prevents the correction then we will almost certainly have an 87 style crash this fall.Gary SavageThe Smart Money TrackerGary Savage authors the Smart Money Tracker and daily financial newsletter tracking the stock & commodity markets with special emphasis on the […]
Summary: Overall, fund managers’ asset allocations in June provide a confused view.On the one hand, fund managers raised cash to a 6-month high and reduced their global equity exposure to an 8-month low. Relative to recent history, this is contrarian bullish.Note, however, that most of the fall in their equity allocations came from further reducing emerging markets exposure; allocations to […]
Share on StockTwitsEmbedThe US markets are all back at all-time highs.I am happy because it feels really good and even right. In a market like this I remain underinvested but am being dragged into positions by the positive price action.Here’s what I see:Apple is being rewarded from profits and execution (I have been selling a bit lately).Google is ‘chopped suey’ […]
UPDATE:*SHANGHAI COMPOSITE HEADS FOR BIGGEST LOSS SINCE FEBRUARY 2007
*CHINA CSI 300 INDEX FUTURES FALL BY 10% LIMIT
* * *Who could have seen this coming?Having tried and failed once to stem the speculative frenzy in Chinese stocks, regulators took more direct action tonight and suspended three of the biggest securities firms from adding margin-finance and securities lending accounts for three months […]
Will Collapse in Oil Price Cause a Stock Market Crash? By TOM THERRAMUS AND STEVE AUSTIN for OIL-PRICE.NET, 2015/01/14The Black Monday stock market crash of October 19th, 1987 was the largest one-day percentage decline in the Dow Jones Industrial Average. The crash was a genuinely perplexing event. To informed observers it seemed to have little basis in economic fundamentals. There […]
Never miss the latest news affecting Ohio agriculture. Subscribe to Digital Dale and follow along via Facebook and Twitter.Today’s reports were bearish for corn, soybeans, and wheat. Soybean acres were estimated at 84.8 million acres, 2.6 million acres above the trade estimate. Soybean stocks were estimated at 405 million bushels. The average trade estimate was 378 million bushels. Corn acres […]
