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Bad Dragon
Group Admin

If you hear any market-related news then here is the place to post it.

Bad Dragon
Group Admin

We start the month with terrorist attacks in London.
http://www.marketwatch.com/bulletins/redirect/go?g={98E1E4A7-5867-4371-8112-0E1C5439BCC1}&siteid=bnbh

As always, pay these events no heed; the markets sure don't. The vast material damage can move the markets, but a loss of few lives here and there is a non-event in the markets. Harsh, but true.

Bad Dragon
Group Admin

Moody lowered the score of China from Aa3 to A1 because of its debt and slower growth. This is big news because the score hasn't been lowered since 1989. China might be getting old.

Bad Dragon
Group Admin

OECD predicted 3.5% world growth for this year and 3.6 % for next year. Given how old this bull run is, the outlook seems quite nice.


China's debt is 40% GDP, which is not too high. The problem is the depth of Chinese companies that rose over 250% GDP.

Bad Dragon
Group Admin

The largest U.S. banks survived a hypothetical "stress test" and could continue lending even during a deep recession, the Federal Reserve said.

— The Wall Street Journal

Bad Dragon
Group Admin

Trump-Putin meeting at G-20 summit reportedly set for Friday
If it goes well, Russia stocks will rise. If it goes bad, they will fall.

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