China and the Stock Market

[Rot 911]

Referring back to the previous thread about Greece and China. Over the last month the DOW is down almost 1000 points and all I can see that it is based on is a slowing economy in China and now their devaluation of the Yuan.

[MrAlien]

I think china is a big part of it... but lets not forget about oil, 1/3 jobs are connected to oil in Texas, in other states that ratio is actually higher.

[TheMentat]

China's devaluation was something I'd been calling for over a month. The only thing holding them back seemed to be the hope to obtain reserve currency status. Too bad I was too much of a wuss to put my money where my mouth was... a few options are all I have to show for it

[Evans, Marv]

I kept threatening to move my wife's & my money into money market for a few months. Told her I'd wait to see if it got back to 18.200, but pulled the trigger when it was at 18,100 maybe a month ago. Maybe blind luck or maybe I'll pay for it down the road, but I remember the collapse of the early 2000's. I'm going to keep a watch not on the market but on the world economy & hope I can make some decent moves as time goes on.

[jyl]

I moved everything to cash, money market, or bond funds in April.

Undecided about when to get back to stocks. Possibly will wait until after the first Fed rate increase

[dlockhart]

Alan Greenspan decided to open the monetary sluices and capitulate to the bond vigilantes in 1994, especially after the New York banks almost went down in the Mexican peso crisis. At about the same time, Mr. Deng discovered that Mao had been drastically wrong—-that is, he realized that communist party power comes from the end of printing presses, not the barrel of a gun. Taken together these epochal shifts toward a global regime of permanent, massive monetary expansion changed the course of economic and financial history.

CNBC’s Alfred E. Neuman Luncheon Club—–Beyond Clueless | David Stockman's Contra Corner

[Arizona_928]

Meanwhile private healthcare stocks are up 4$ a share...

[tabs]

Originally Posted by dlockhart

Alan Greenspan decided to open the monetary sluices and capitulate to the bond vigilantes in 1994, especially after the New York banks almost went down in the Mexican peso crisis. At about the same time, Mr. Deng discovered that Mao had been drastically wrong—-that is, he realized that communist party power comes from the end of printing presses, not the barrel of a gun. Taken together these epochal shifts toward a global regime of permanent, massive monetary expansion changed the course of economic and financial history.

CNBC’s Alfred E. Neuman Luncheon Club—–Beyond Clueless | David Stockman's Contra Corner

The reason why CNBC's cheerleading squad is clueless is because TABS stopped talking to them in late 2013.

[tabs]

The problem with Mr Stockman is that he does not give you a rational of why the FED and other Central Banks have taken the actions that they have taken. What forces motivated them into taking that action? With MR Stockman it is as if these debt aggregation polices were all concocted upon a whim over lunch. Without that rational what does Mr Stockman really know? What fking unifying principle does Mr Stockman bring to the table and how can he work the equation?