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November 20th, 2016

2016: Beginning Badly

Blog, Jeff Patton, by CGP.


cartoon-chinese-stockLet’s see how far we have come in the past year…

2016: Beginning Badly

Wow! We’re just completing the first full week in 2016 and God help us, if this is merely a harbinger of more of the same to follow.

Let’s see, worldwide financial markets have sold off enough during this past week, due to the extreme volatility taking place in the Chinese markets, that some observers are saying we are now, officially, in a bear—that is declining—market. The Casey Research newsletter says that since Monday the world’s stock markets have lost US$2.5 trillion of their investors’ money!

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