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Tuesday, July 28, 2015
CHINA STOCK MARKET COLLAPSE - Tanks 8% Biggest One Day Loss in 8 Years. Global Collapse Near?
China’s stock markets continued to fall Tuesday (July 28), sinking as much as 5% in morning trading before recovering somewhat by the end of the trading day—another sign that an onslaught of government support to keep stock prices high is making investors nervous.
Beijing has vowed to step up its interventions in China’s volatile stock market following a traumatic day on Monday when stocks suffered their greatest losses since 2007. A government controlled stock-buying agency would “continue to buy stocks to stabilise the market”, China’s security’s regulator, the CSRC. The regulator was also now investigating “huge stock sell-offs by some individuals and will punish any malicious short selling Tokyo’s Nikkei fell more than 1%, with a strong yen accelerating the decline. Australian shares fell 0.9% and South Korea’s Kospi shed 1%.
“There are a lot of different parts of the economy that are showing weakness and the collapse of the stock market is just another symptom of the fragility of the Chinese economy right now.” The latest day of frenzied selling – which analysts said reflected weaker economic data out of China as well as a lack of confidence in Beijing’s response to ongoing stock market chaos – was a slap in the face for the country’s Communist party leaders. Beijing launched an unprecedented push to prop up the country’s stock market after a collapse that began in mid-June saw more than $3tn wiped off the value of listed companies. "stock market" stocks china chinese 2015 2016 markets economy "real estate" shares trading investment investor funds collapse market bubble "stock market bubble" "China Yuan" forex "forex trading" banking "bank account" savings "savings account" Shanghai Shenzhen export import wholesale NASDAQ
Markets financial leverage has been effectively reduced, the liquidity crisis has been substantially Six Flags roller coaster, only without any rhyme or reason to its movement. The sell off in the metals and oil is so intense that it has now expanded to agricultural commodities as well. Is China's Stock Market Fall Really The Great Crash Of 1929 All Over Again? Chinese stocks were suffering huge declines prior to the New York Stock Exchange shutdown due to an alleged “technical issue,” fueling concerns whether the NYSE was actually halted due to the free fall in China. The Chinese real estate bubble has been imploding for the last year. The Chinese economy is barely growing There are millions of unoccupied condos china ghost town chit. There are dozens of ghost cities and empty office towers. It’s the most corrupt nation on earth. We are in the midst of a global recession.It’s pure madness that the Chinese stock market would soar when its leading economic indicators crash to 2008 lows.
This time it is a bubble in stocks, bonds and real estate simultaneously real estate investing is failing miserably, the Chinese middle class have piled into stocks on margin. Margin debt on the Shanghai Stock Exchange climbed to a record 1.16 trillion yuan on Thursday. When has buying overvalued stocks on margin when the economy is tanking ever gone wrong before? sheep sheeple irrational herds of cattle stampeding in whatever direction they are pushed by their keepers. So what does the Kondratieff wave theory suggest is coming next for us? The U.S. stock market will crash First, the Euro Crash It Starts Today: “A Financial Collapse Is Imminent Within This Six Month Time Period” warnings we have seen Greece essentially collapse, Puerto Rico has gone bankrupt, and China’s stock markets have seen hundreds of billions of dollars in wealth wiped out. banned the selling of stocks! Europe is scrambling to save its currency and Union. In America the conjecture that has been economic growth is slowly being revealed to be the sham that it really is with thousands of nationwide retail store closings, over 45 million on food stamps, and a President who seems to believe the situation has been contained. threat of an epic financial and economic disaster is not only real, but moving full steam ahead right before our eyes.
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