wow! a lot of traffic here lately.If you panic and sell your stocks you lock in your losses but if you hold on you may still loseeeee.Parts of China is now beginning to look like Detroit,Mich with closed factories and smog.I would bet money on Mr.James Dale Robertson being right.Wages are also going up in China!!!Whats an Overseas company to do????triffid

http://www.express.co.uk/finance/city/639990/Market-mayhem-returns-amid-fears-over-China-and-oil
       This is a continuation of the present crisis.   No end in sight as I look at the general situation.   The American Stock Market would possible be affected shortly or eventually.   Financial analysts predict a low-down floor for the final low reading in the future market total.   It's bad if that's true.


--Lee

https://finance.yahoo.com/news/u-ceos-unleash-recession-fears-190343269.html   US ceos see a recession coming in 2016.

Quote from: triffid on February 02, 2016, 03:02:25 PM
https://finance.yahoo.com/news/u-ceos-unleash-recession-fears-190343269.html   US ceos see a recession coming in 2016.

Hey, triffid...
You're correct, and here's the latest:
       http://www.profitconfidential.com/economy/warning-this-chart-shows-a-chinese-economic-crash-is-coming-soon/

       Yep, the Chinese Communists usually lie about how their economy is really doing, so this article above says the opposite and should be more accurate.   The Chinese have lasted longer than I thought they would.   They're in for the infamous 'rude awakening', so to speak.

--Lee


p.s.
The poll at the beginning of this thread is sitting at a total of 52% of the poll participants as believing the economy will do worse in the future.   That's the highest is been in several years.   It looks like a record to me.   Finally, people are---I hope!---waking up and realizing the economy can turn into a NEW Great Recession, going on a NEW Great Depression.

https://finance.yahoo.com/news/oil-prices-being-driven-down-024652531.html  Oil prices driven down and being held down---through servicing debt!triffid


But, as Dow notes, since these producers need to pay back their bondholders, who have more senior claims on the company's assets and production than equity holders, companies continue pumping oil to get whatever price they can to bring in whatever cash possible to pay back creditors.
A recent report out from Jaime Caruana at the Bank for International Settlements looked at the relationship between debt and oil companies, finding that oil and gas company bonds outstanding rose from $455 billion in 2006 to $1.4 trillion in 2014 while syndicated loans to the sector increased from $600 billion to $1.6 trillion over the same period.