Wednesday, August 26, 2015
Dead Cat Bounce
It looks like there was more cowering than covering in America's markets. I see very little reason for optimism as Red China is not improving. World markets are not stabilizing. US markets see no leadership from the Fed or the White House. How low will America's stocks go? If I knew that I would be as rich as Warren Buffet, but then again, I do not have the government granting me any concessions to build my fortune. Most are suffering in the crashing markets, except those who have a "special" relationship with the regime.
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