sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Thursday, July 2, 2015

Communists with a stock market

What's happening in Chinese markets?
Fill in the blank: In recent weeks, China's stock markets have __________________.
A) Wiped out as much as $2 trillion of investors' wealth.
B) Swung by as much as 10% in a matter of hours.
C) Scared the living daylights out of millions of shareholders.
D) All of the above.
Yes, correct! The answer is "all of the above." China's stocks markets have been swinging wildly since the middle of last month. One minute shares are up 6%, the next they're down 5% and plunging into a bear market. The main Shanghai market lurched lower again Thursday, dropping 3.5%.

No comments:

Post a Comment