by
Nico Isaac
8/31/2009 4:00:00 PM
In the past three weeks alone, China's formerly sizzling stock market has gone from bull market leader to bear market letdown. On August 30, the Shanghai Composite Index plummeted 6.7%, its largest one-day drop of 2009 so far. And, of the 89 global markets tracked by Bloomberg, the Shanghai index came in last place...
Filed Under:
china, shanghai composite index, china's banks, lending
Category:
Asian Markets
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by
Vadim Pokhlebkin
2/19/2009 7:15:00 PM
There is one question that we at Elliott Wave International get over and over again: "You were correct with your predictions of deflation. But now that it's here, why can't the government do [fill in the blank] to stop it?" There are lots of articles out there – well-written articles written by qualified authors – arguing how the government can do this or that to stop deflation. But in our opinion, they ALL miss one key point: social mood. Here's why...
Filed Under:
deflation, inflation, Federal Reserve, lending, market psychology
Category:
Economy
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