Now this is just a comedy act!
One country has to arrest people if they sell short, stop people from selling and prop up markets with borrowed money.
Another country is proposing getting a huge loan to pay off a huge loan with both lenders and borrowers admitting the bucks will never get paid back.
And our country, the one with $18 trillion of debt, who is heading towards the same socialism that is killing the other countries is considered the adult in the room and the sane one.
Ladies and gentlemen, as usual, we will have our award winning, over-the-top, in-depth report on the markets over the weekend but as of this second, our only thought is: SURE…THIS WILL END WELL.
Another gap to the upside this morning after yesterday’s disappointing sell-off from the same type of upside gap. Anyone have a guess about today? We don’t!
You may just want to listen to yesterday’s radio show as I take off the governor on what I am seeing and what I am thinking! https://www.mediafire.com/download/pnjctqvhewqfbt9/150709.output.mp3
Gary, assuming that China is much more of a potential problem than Greece, at what point would you start really keeping your eyes on the Chinese stock market? Thanks