The first half of 2015 has come and gone, and the long-running global bull market has significantly faltered.The Dow Jones Industrial Average fell 1.4% through the first six months of 2015, the first time the index has lost ground in that time frame since 2010. The S&P 500 eked out a 0.2% gain in the first half, its smallest H1 […]
While many of his peers get their sense of achievement from online video games, Li Shengyao, a 21-year-old sophomore at the Shanghai University of Finance and Economics, gets it from playing the stock market. He describes himself as a short-term trader who “can’t stop my fingers from making orders.”Li spends at least three hours every night dissecting day-trading activity and […]
By Michael Snyder, on July 2nd, 2015The second largest stock market in the entire world is collapsing right in front of our eyes. Since hitting a peak in June, the most important Chinese stock market index has plummeted by well over 20 percent, and more than 3 trillion dollars of “paper wealth” has been wiped out. Of course the […]
By Nick Cunningham, a Washington DC-based writer on energy and environmental issues. You can follow him on twitter at @nickcunningham1. Originally published at OilPriceOil markets face a lot of downside risk – high crude oil inventories in both the U.S. and Europe, resilient production from U.S. shale, increasing output from OPEC, a nuclear deal with Iran, the turmoil in Greece […]
Oil markets face a lot of downside risk – high crude oil inventories in both the U.S. and Europe, resilient production from U.S. shale, increasing output from OPEC, a nuclear deal with Iran, the turmoil in Greece – but one has not yet percolated through the markets just yet: the possibility of economic cracks in China, the largest oil importer […]
Meanwhile, elsewhere:
SHANGHAI — Share prices in China plunged on Friday in one of the sharpest sell-offs in years, accelerating a downturn this last week in what has been, for much of this year, the world’s best-performing stock market.
China’s two major market indexes fell in tandem. The Shanghai composite fell 7.4 percent on Friday. The Shenzhen composite fell even more, dropping […]
After The Chinese Stock Market Crash There Will Be A Margin Call On $370 Billion Dollars Worth Of Debt Next Week!!!SNIPChina’s stock markets tumbled on Friday to near bear territory further deepening the sell-off that started two weeks ago. The Shanghai Composite, down 7.4% on the day, has fallen 19% from its June 12 high wiping out $1.25 trillion in […]
@MarkBartonTVChina’s stock market got wrecked on Friday with the Shanghai Composite index crashing by 7.4%.The red-hot market is now down 19% from its high, which it set on June 12.Some folks may see this as a buying opportunity, but not the analysts at Morgan Stanley.”[T]his is probably not a dip to buy,” Morgan Stanley’s Jonathan Garner said. “In fact, we […]
China’s stocks look to be falling back down to reality.After an epic rally that saw the Shanghai Composite index climb more than 40% this year and the tech-heavy Shenzhen Composite rise a world-leading 90%, a correction — or maybe worse — looks to be in the works.Last week both indices lost more than 10%, falling solidly into correction territory. But […]
ReutersAn investor stands in front of an electronic board showing stock information at a brokerage in Shanghai December 31, 2014.See AlsoDevelopers in China are giving away Porsches to sell housesChina’s 60 million ‘left-behind’ children highlight the country’s devastating povertyUS officials are preparing to confront China over some ‘very problematic’ issuesOne of China’s top stock market regulators has been arrested.The head […]
