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China Leading Index Plunges To 6 Year Lows
Just released this morning, following last night's plunge in industrial profits, China's Leading Index continued its freefall to its lowest level since Jan 2009...
Charts: Bloomberg
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So sell china buy US stocks?
Go to zero and fuck off. China is so last decade.
Must...... build...... moar ....... empty....... cities.......
The chinese will happily buy and sell amongst themselves. Could Americans do that?
WWIII can't be too far off as trade starts to come to a stop. what's BDI up to these days?
"The chinese will happily buy and sell amongst themselves."
They'd have to raise wages...but that's so...socialist
We should invest in pollution controls...... nah, let's build ghost airports!
it's clearly a bullish flag... hahaha
Those that bought USO at close yesterday are happy they did today. God I love fundamentals in the New Normal.
Prepare for Vol to get smashed to have us Unch by close
http://finance.yahoo.com/echarts?s=%5EGSPC+Interactive#%7B%22range%22%3A%221y%22%2C%22indicators%22%3A%7B%22rsi%22%3A%5B%7B%22id%22%3A%22rsi14%22%2C%22name%22%3A%22rsi%22%2C%22params%22%3A%5B14%5D%2C%22lineType%22%3A%22line%22%2C%22color%22%3A%22%23cc4125%22%2C%22weight%22%3A1%7D%5D%7D%2C%22scale%22%3A%22linear%22%2C%22comparisons%22%3A%7B%22ZIV%22%3A%7B%22color%22%3A%22%23000000%22%2C%22weight%22%3A1%7D%7D%7D
This suckers going down. GOOOOOOOLLLLLLDDDDDD
As soon as China figures out a way to stimulate their own economy - rather than just stocks and real estate - they will do their own QE thing.