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it sounds like Germany and a couple of other countries want Greek assets placed in a trust to guarantee a loan. Collateral , something we all have to show for our loans.
Greece doesn't like this of course.
I debated years ago putting $10k into AAPL when it was channeling between $14 and $20. It had just cleared $21. I thought it was expensive so I waited for the next downturn.
It never happened. I always wonder what if regarding that $10k. Makes for…
I have already commented. In addition there are countless millions of new investors who put money into AAPL because of its popularity and success. They believe it is a sure thing.
Now the stock drops a few percent and these nervous newbies pull ou…
This morning (Friday) looks totally opposite of yesterday's action. The markets here in Asia are taking off to the upside. If this holds it will be a good day indeed.
I was wondering what was in Chicago attracting all the attention. CBOT? It's interesting that every so often an attack will emirate from Chicago going to Atlanta I believe. Seattle gets their fair share of attacks also. China is the big culprit.
I think we said that.
Singapore and New Zealand were the only markets down. Australia was even.
I have a hunch Shanghai will close later this week due to incoming typhoons. Two of them.
It is starting to look better now. HK is green. Shanghai is recovering.
Exchange updates are very slow online. I figured this would happen. So your source may be behind for the time being.
Hang Seng holding up okay. Only down less than 0.5%
I'm stArting to wonder if they will just stop theShanghai exchange. Having 50% of the holdings suspended is not fair to the other half it would seem.
The CSFC (China Securities Finance) is asking for 500 billion yuan to support the market. This via Bloomberg.
The next few hours are going to tell the story. Tomorrow will be interesting.
American Century fee is $30 a year until you have $10k then it's waived. Also, like many other families, the more money you have with them the better the benefits. AC has the Priority Investor program.
Thanks for the excellent analogy @BobC
There seems to be a groundswell of opinion that austerity is cruel. I wonder if these same people were owed money would they just let their borrowers off themselves?
If Greece needs more printing presses for …
All this edge talk just prompted my brain to remember this old soap opera. I think my mother watched it on occasion.
The Edge of Night.
https://en.m.wikipedia.org/wiki/The_Edge_of_Night
