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Couldn't that be a correction brought on by the China bubble bursting?
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Jan 29, 2016 21:21
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| # ¿ Apr 27, 2024 06:34 |
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I got the impression that around August of 2015 it started to look like a crash in China was not only likely but also imminent, and I remember that it sundered stock markets globally including in the USA. In that sort of panicked environment I can see people becoming more cautious, investing less, etc, until China either bottoms out or is severed. I also understand that corporate profits are low because a ton of idiots invested in China. What other indicators are showing that the US economy is being dragged down by domestic factors? I heard that the US economy is basically the only major economy that's doing okay right now. Fojar38 fucked around with this message at 21:47 on Jan 29, 2016 |
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Jan 29, 2016 21:42
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Anchor Wanker posted:Oh yeah, has this been confirmed legit? Don't know yet.
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Dec 6, 2016 00:39
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The XE chart seems to show the RMB back to 6.8 http://www.xe.com/currencycharts/?from=USD&to=CNY&view=12h
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Dec 6, 2016 00:44
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Convergence posted:What the hell happened? Never seen anything like it. The guess is that the upstream provider for XE was sending incorrect data.
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Dec 6, 2016 00:52
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