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China halted trading again after hitting the 7% decline

Posted on 1/6/16 at 10:39 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80859 posts
Posted on 1/6/16 at 10:39 pm
This happened a couple days ago and yet again. This time minutes after the open in China. US futures already down 1%. Tomorrow may get interesting.
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 1/6/16 at 10:54 pm to
Good




Goooooood


Ready to make some purchases that will let my kids be rich with dividend income.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 1/6/16 at 10:56 pm to
When China sneezes, the U.S. markets go nuts.

I am trying to find an upside on this. What it the money from the rest of the world were to be invested in the stable (cross fingers) U.S. stock markets?
Posted by RebelOP
Misty Mountain Top
Member since Jun 2013
12478 posts
Posted on 1/6/16 at 11:09 pm to
They're trying to divide by zero. It's China, they will find a way....
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 1/7/16 at 3:19 am to
quote:

Tomorrow may get interesting.



I would say so. Dow Futures are down 400ish at the moment.
Posted by TenTex
Member since Jan 2008
15949 posts
Posted on 1/7/16 at 6:48 am to
It's finally happening. They will crash harder than we did during our financial crisis. Their population is heavily invested and oversold in real estate and stocks. We could see massive riots and the overthrow of their government this year. It's gonna get really bad for them and affect all world economies. We are fortunate our economy is much stronger today to handle this.
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 1/7/16 at 12:16 pm to
China has removed the "circuit breakers" in their stock market today. Tomorrow might be real interesting. A S&P500 move to 1880 area wouldn't surprise me tomorrow.
Posted by TheWalrus
Member since Dec 2012
40983 posts
Posted on 1/7/16 at 9:14 pm to
I'm waiting on a job from a company that exports soybeans to China. Just my luck for the Chinese economy to crash right when I could have been hired. shite
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