Asian Stocks

This tag is associated with 4 posts

5 Reasons Why The Stock Market Is Set For A Fall: Louise Yamada Projects A 25% Drop

Michael Snyder, the author of The Economic Collapse Blog, has been bearish across different asset classes for a long time now and the recent months prove, with high probability, his predictions could be extremely accurate this time. In his latest piece he says the following: After enduring their worst August in 17 years, U.S. stocks are … Continue reading

September 2015 Sure Started Off With Quite A Bang, Eh?

By Michael Snyder After enduring their worst August in 17 years, U.S. stocks are off to their worst start to a September in 13 years.  Just yesterday, I declared that we would be entering the “danger zone” this month, and it didn’t take long for the action to begin.  Historically, this month is the worst month … Continue reading

Global Stocks Higher As China Lowers Rates

The People’s Bank of China has lowered its interest rate for the fifth time since November boosting European stocks higher in afternoon trading. The one-year lending rate has been reduced by 25 basis points to 4.6%, which is record low for China, according to Bloomberg. Lu Ting, chief economist at Huatai Securities Co. said the … Continue reading

Chinese Stock Markets Crash One More Time And Extend Biggest Losses Since 1996

“Chinese shares plummeted to extend the steepest four-day rout since 1996 on concern the government is abandoning market support measures,” Bloomberg reports.   According to the news agency: The Shanghai Composite Index tumbled 7.6 percent to 2,964.97 at the close, sinking below the 3,000 level for the first time in eight months. The gauge has … Continue reading

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