The PPT will be on this shortly. We totally have the money to cover it, we swear!
Posted on 09/01/2015 8:13:42 AM PDT by Signalman
Here we go again. Stocks took another nosedive in early trading Tuesday following more fears about a slowdown in China's economy.
The Dow Jones Industrial Average dropped 300 points, or about 2%, and is 12% below the all-time high it set in May. The S&P 500 also fell 2% and is once again close to entering a so-called correction. It's down almost 10% from the record that it hit in May.
The tech-heavy Nasdaq fell more than 1.8% as well and is 10% below its July peak. The Nasdaq also lost its gains for the year Tuesday and is now 1% lower in 2015.
It's an ominous start to September, which is historically the worst month for stocks. (Investors may be singing "Wake Me Up When September Ends" by Green Day if this keeps up.)
(Excerpt) Read more at money.cnn.com ...
Trump warned us to be dependent on China.
He was right again. Now Trump will rise 10 more points.
It ain’t China we fear
It’s our own government
and their global chums
Trump needs to get out there and comment on this!!
Trump warned us NOT to be dependent on China.
He was right again. Now Trump will rise 10 more points.
typo.
Yes he should!
We had the worst August.
Now can’t wait till October.
Anyone doubt now the stock market is crashing?
the current turmoil on the Shanghai Composite index is already on course to echo the crash of 1987 and 2001, but could still fall even lower.
I think after this debacle, watch for many of the world’s major economies to be a lot less dependent on China.
Let the Fed come out with the promise that they are not going to raise rates and the SM will take off!
Caracas market is up (1/2%)... weird. Maybe some capital fleeing China.
Or maybe it just can’t fall any further/faster.
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