Biggest financial news this week could be civil unrest in China over Covid lockdowns.
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Ghost of Igloi wrote:
Biggest financial news this week could be civil unrest in China over Covid lockdowns.
maybe but odds are the protests will die down. Major unrest lately is very very unlikely to bring on material change in a nation...just doesn't happen much anymore. Probably mostly because everyone is so much wealthier than before....hard to get too worked up when your family is so much wealthier than even a few years ago.
That said, great to see unrest in Iran and China. Ideally it spreads to Russia.
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agip wrote:
Ghost of Igloi wrote:
Biggest financial news this week could be civil unrest in China over Covid lockdowns.
maybe but odds are the protests will die down. Major unrest lately is very very unlikely to bring on material change in a nation...just doesn't happen much anymore. Probably mostly because everyone is so much wealthier than before....hard to get too worked up when your family is so much wealthier than even a few years ago.
That said, great to see unrest in Iran and China. Ideally it spreads to Russia.
Xi is counting on that thought, and the Red Army.
“There are decades where nothing happens; and there are weeks where decades happen” – Vladimir Ilyich Lenin
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Good week for the airlines. Would first thing tomorrow be a good time to invest in AA or any of the other ones 🤔
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2:18 at the casino and about to go back on the grid wrote:
Good week for the airlines. Would first thing tomorrow be a good time to invest in AA or any of the other ones 🤔
No. Debt laden companies that would be bankrupt without Government and Fed intervention.
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Online…..
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Oil below 75 Sunday night…stock futures down 60 bps …maybe markets are sensing serious problems in China after all.
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Ghost of Igloi wrote:
Online…..
Read the article before commenting, if you don’t want to be considered a fool.
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Will China unrest kill the Santa Claus rally?
Bitcoin about to crack $16k once again….
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Yutre wrote:
Ghost of Igloi wrote:
Online…..
Read the article before commenting, if you don’t want to be considered a fool.
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Ghost of Igloi wrote:
Yutre wrote:
Read the article before commenting, if you don’t want to be considered a fool.
credit card debt may be up....but debt service as a percent of disposable income is at one of the lower levels of the last 45 years. Debt is not a problem for US households as far as I can tell.
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Yutre wrote:
Ghost of Igloi wrote:
Online…..
Read the article before commenting, if you don’t want to be considered a fool.
In that case you seem rather foolish:
“Visits to physical stores on Thanksgiving Day, moreover, leaped 19.7% from 2021, as more retailers opened their doors on Thursday than last year. Far fewer stores are open on Thanksgiving than on Black Friday, so the surge is a bit misleading, Brian Field, senior director of global retail.”
😹
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Ghost of Igloi wrote:
Yutre wrote:
Read the article before commenting, if you don’t want to be considered a fool.
In that case you seem rather foolish:
“Visits to physical stores on Thanksgiving Day, moreover, leaped 19.7% from 2021, as more retailers opened their doors on Thursday than last year. Far fewer stores are open on Thanksgiving than on Black Friday, so the surge is a bit misleading, Brian Field, senior director of global retail.”
😹
Congratulations on reading that far into the article. Presumably you read the two paragraphs that preceded the one you quoted. You know, the ones that documented the increase in sales on Black Friday.
🤡
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agip wrote:
Oil below 75 Sunday night…stock futures down 60 bps …maybe markets are sensing serious problems in China after all.
Can't wait for all the LR.C "China experts" to weigh in, and esp Carmine9's (aka Das Wahnsinnige ) and A Dolt in the Ruin's eisegeses.
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Yutre wrote:
Ghost of Igloi wrote:
Online…..
Read the article before commenting, if you don’t want to be considered a fool.
That ship has sailed.
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Ghost of Igloi wrote:
I didn't click on the link but is he saying the Dow will be 21,000 and the NASDAQ 9,000 in the near future?
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