“The highlight of the night was China, which after halting half of its stocks, disallowing major stakeholders (5% holding or more) from selling shares for

This is nothing right now…almost a tiptoe through the tulips. Doesn’t resemble flashcrash in any way. Back then, S&P dropped 100 points and came back

SOURCE: http://www.bloomberg.com/news/articles/2015-07-08/this-is-why-so-many-chinese-companies-are-suspended

For years, you have been told that the economic  numbers that were coming out of China were suspect. For years, you have been told to

More deterioration BUT major indices rebounded nicely setting up some upside testing here. The bigger issue is the energy complex with another leg down and

Futures are down a decent amount on the “no” vote out of Greece. We are being bombarded with “what now” questions but think we just

Fake job’s number is out! Life is better. Things are better except at first blush, over 400,000 left the workforce in the past month. The

SOURCE: http://www.bloomberg.com/news/articles/2015-06-30/hidden-china-stock-debt-revealed-in-online-loans-at-22-interest

WHO IS SAVING WHO? Most everyone is forgetting the most important laws of lending. When you owe small amounts, it is your problem. When you