China’s Stock Market Crash Rattles Confidence Across The Globe As NYSE Trading Halted!
KingWorldNews.com
July 08, 2015
On the heels of a continued collapse in China’s stock markets, today one of the greats in the business sent King World News a fantastic piece warning that China’s stock market crash has rattled confidence across the globe, even causing a trading halt on the New York Stock Exchange, plus a remarkable bonus Q&A that includes gold.
By Bill Fleckenstein President Of Fleckenstein Capital
July 8 (King World News) – I’d like to start by discussing China, which was routed again last night, as its various indices lost between 5% and 9% (many of which have dropped 30% to 40% in the last couple of weeks). Despite the moves to cut rates, stop short selling, and curtail selling by state-oriented institutions, stocks there continue to be hammered. (Imagine how panicked American investors would be if the Fed made those sorts of changes and they were ineffective.)….
The Rest…HERE
