Water Needs to Find Its Own Level in China
Last summer I included China’s stock market in a few pieces as it cratered lower and lower. Remember, as I explained, while China may be the second largest economy on earth, they are relatively new to the capitalist system. They have, are and will continue to experience “growing pains” as the powers that be seem to believe they know better when it comes to controls in their financial markets. Over the summer as their market collapsed, the government instituted all […]
Read More
Date: January 7, 2016
Chinese Market Collapse Not Over
I remember the outrage when the government sought to pull off TARP in 2008, first buying troubled, illiquid assets from the big banks which then morphed into outright capital injections into the banks. When QE was announced, the calls were equally as emotional, not to mention the myriad of special Fed programs designed to provide liquidity in the financial system when there was little. I can only imagine what those naysayers believe now regarding China. This is not a new […]
Read More
Date: July 15, 2015
