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China's stockmarket: A crazy casino | The Economist

CHINA’S stockmarket has often been called a casino, with share prices bearing little connection to underlying economic conditions. But while the market has strayed from growth trends in the past, its divergence over the past few months has reached new extremes. Economic growth in the first quarter fell to 7%, the slowest annual figure in six years, but stocks have […]

It’s Always Paranoiac At the Highs

Is this time different? Is oil down because we just have a shit load of it, or is it because the global economies are sucking at growth so badly that we”ll never have to fire up another factory again?  Does this action portend a vicious black swan that only few can see? Crude has just about been cut in half […]