US Equities Give Up China, Japan “Bad News Is Good News” Gains

Wednesday, November 11, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
11/11/2015

Well that didn’t last long. After diappointing data from Japan (very weak Reuters Tankan), and China overnight confirming the weekend’s dire trade data (and crushing the soft survey-based idiocy of the PMIs), global equity markets ramped abruptly because “bad news is good news” still in China – meaning moar stimulus is due. However, Draghi’s lack of exuberance this morning, and the reality of Macy’s outlook reflection on the US consumer have dragged all the overnight gains back into the red…

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter