Tuesday, July 07, 2015

If you say so.....

Last night China practically went supernova, and the plunge protection team managed to walk us back up to flat today? That is breathtaking considering a full 25% of stocks in China were halted last night. And no reaction from the US?

Oh, that's right - none of this stuff is going to affect us. This is all a "China" problem.

Except China has been a pretty legit market for a while now. I wonder how many funds are exposed.

No comments: