This page has been archived and commenting is disabled.
US Equities Give Up China GDP 'Beat' Gains As Oil Hits $46 Handle
It was all so awesome. Chinese GDP 'beat' expectations which means everything is great (apart from it being the worst growth in 24 years) and so stocks rallied, helped by even moar ECB QE jawboning. But this morning's plunge in crude and copper (global growth?) finally knocked on into equity market reality as the opening ramp quickly gave way to selling pressure and erased all 'wealth' created by Chinese data. US Treasury yields are 3-5bps lower with 30Y testing 2.39%.
Stocks give up the China GDP gains...
As oil tumbles back to a $46 handle...
and copper showing weakness post-China GDP
»
- 4631 reads
- Printer-friendly version
- Send to friend
- advertisements -
Don't worry, Lagarde's new multilateralism will save the day. Prices will no longer go up or down, they will go sideways.
Whoopie! they're on the verge of something big! (Losses)
They want you confused about the oil / energy game.....you are the slave for a reason
ExxonMobil Joint Venture With Russia’s Rosneft Begins Production Offshore Russia
U.K. Partnered With Russia in Over $1.4 Billion in Energy Deals Since 2010 – Report
Another Fake Russian – NATO Military Standoff For The Military Complex……As Predicted
Poland Increases Dependence on Russian Gas
Israel’s National Council Approves Gas Pipeline to Jordan
Energy Company’s Consolidate…….Oil Price Cut Working
Japan and Russia Meet To Discuss Energy Cooperation
Russia To Build Jordan’s First Nuclear Power Plant
Dude alright things aren't that easy .
The most important thing happening is that the Saudi government is buying "opportunities" in North America.
guess what's cheap right now and can't get any funding...
What!? Come on, this is amateur hour. All the good stuff happens after 2 pm. ;-)
Why is that cat not meowing?
The Baltic Dry Index has been bumbling along at near ALL TIME lows at around $700. Yet another long term indicator that hopefully this game is about to blow up!!