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China's Re-Bubble - Stocks Soar 10% In 3 Days, 2nd Best Run Since 2014
Because nothing says 'stability' like a 10% surge in the 'price' of stocks in 3 days. Having trodden water between in a narrow range for a month, the last 3 days (ahead of US payrolls and China's weekend) are the biggest rally since China first banned short-selling in July, and 2nd biggest since December 2014 when the epic bubble really took off in Chinese stocks. Now, with China 'fixed', all The Fed needs is a "not terrible" payrolls print tomorrow and December is a done deal...
Up 10% in 3 days... "normal"
The biggest jump since the short-selling ban and 2nd biggest since December...
Charts: Bloomberg
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Nothing like unlimited electronic money in the hands of the banksters to make a perfect fiat world.
Keeps the sheeple happy.
"Nothing like unlimited electronic money in the hands of the banksters to make a perfect fiat world.
Keeps the sheeple happy."
And when pork fried rice is triple the cost most will wonder why.
We're dialed in.
Nobody touch a damn thing.
Prices must increase, or you will die a double-lucky death.
double-lucky death
You owe me a quarter cup of coffee....and one computer monitor.
We need more fiat.
http://zhc0.com
Zero Hedge cryptocurrency is s fucking oxymoron.
It ain't even funny.
I know a certain solution to that unlimited supply.
They gotta get those share prices up before they unsuspend the suspended stocks and let Goldman Sachs cover their shorts.
ha ha
Anything and everything to limit the amount of excuses the fed could use to not raise rates. The more lies and manipulation, the better.. as long as it removes all of the excuses of out of the fed's "toolbox". It's not like lies and manipulation of data would be a surprising.
China biggest problem is China herself, facing utter collapse of the world demand due to appalling raise of the inequality and crashing debt of the ordinary people all over the world.
China must look inside for solutions or, as US did, ignore internal problems and the fate of her people and turn into global imperial power seeking economic domination elsewhere in the world in a futile search for internal stability. The choice China was being confronted already before in her history.
More interesting take on China and collapse of global trade I found at:
https://contrarianopinion.wordpress.com/economy-update/
demand for products is a real concept that can be faked only so long. currency manipulation is the only defense they have. it still don't create demand unless helicopter drops of money start happening again.
I don't care about the truth, I just want to benefit from it.
then buy the all tyme high fucker!
and then, dumby the fuk up...
You buy guy......cheap, cheap.
China shoots one naked short seller and jails another and now the real investors are starting to feel safe again.
I'm thinking of quitting my job and just investing in the stock market. It's a lot easier way to make money.
No market goes straight up or straight down. Recent strength in the Chinese stock market is nothing more than an upside correction within a greater downtrend.
The U.S. market on the otherhand has not even begun falling. October was merely a warm up.
Now that the crooks got the markets back to the highs, the real unloading can begin.
Better get out while you can.
I love Bloomberg's headline from yesterday:
"China's Stock-Market Bulls Are Back, But Where Are the Earnings?"
They could have said the same thing about the DOW/S&P but maybe they missed that. Dear BB, they ain't markets. They're just a set of meaningless data points in a spreadsheet.