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 […]
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 […]
It’s officially Black Monday, if only in China for now.We warned on Friday, after last week’s China rout, that the market is getting ahead of itself with its expectation of a RRR-cut by China as large as 100 bps. “The risk is that there isn’t one.” We were spot on, because not only was there no RRR cut, but Chinese […]
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 […]
Investors have been flocking to biotech stocks this year, with the IBB, the ETF that tracks biotech stocks, making noteworthy gains. So far in 2015, several industries have either underperformed or provided mixed results, leading to a rather ho-hum showpiece for U.S. blue-chip indices.Biotech stocks, on the other hand, have consistently returned positive results in the markets over the past […]
This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History
By Michael Snyder, on August 21st, 2015We witnessed something truly historic happen on Friday. The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crash on Thursday. When you add those two days together, the total two day […]
Stock Market Tanking, Dow Slips Below 17,000 for First Time in 10 months
“Panic sets in, not over yet,” claims CNBC as major indices tumble worldwide.
Nick Gillespie|Aug. 21, 2015 4:22 pm
Not a good Friday for Wall Street:
Fears of a China slowdown ripped through global markets and sent U.S. stocks to their lowest level of the year on Thursday.
All the major indexes […]
Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?
By Michael Snyder, on August 19th, 2015Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. The […]
Momentum traders – relying on the ‘trend is your friend’ theme – may have a rude awakening soon as momentum stocks trade at a stunning 50% premium to the market (vs an average 20%). As BofAML notes, high growth, high multiple names that have been leading the market over the past year are showing some signs suggest we are close […]
Investors haven’t been this cautious on the US stock market since 2007. According to Bank of America Merrill Lynch’s latest global fund manager survey, overall exposure to the US stock market moved to a 14% net underweight position. This marked the sixth-straight month that fund managers were net underweight the US stock market, the longest stretch since 2007 in the run-up to the financial […]