Green Shoots & Leaves
The only way to confirm if a fish is actually dead, is if the fish has X’s over its eyes. If there isn’t an X over each eye, then there is a 100% chance that fish is still alive. Keep that in mind, it will serve you well.
The Mayor told you a few days ago that the world is perfect and no one should worry about the temporary downturn in our perfect stock market. Get your rally caps on, take some speed and grab a bottle of Valu-rite vodka, because today (Friday) is going to be one humdinger of a stock day. The Mayor is calling 400 pts to the upside. Muppets rejoice, the FED has your back.
“I don’t think China’s economic slowdown is that severe to threaten the global economy,” said Bernanke at the Asian Financial Forum held in Hong Kong. Bernanke argued that the global economy was more troubled by a global savings glut, which had long been a drag on investments.
Schlumberger Loses $1 Billion, Raises Layoffs to 30,000, Doubles Share Buybacks to $20 Billion
As its fortunes collapse due to falling oil prices, Royal Dutch Shell PLC will fire 10,000 people in an effort to bolster margins.
On Wednesday, we learned that the MSCI All-Country World Index has fallen a total of more than 20 percent from the peak of the market. So that means that roughly one-fifth of all the stock market wealth in the entire world has already been wiped out.
What Sent Stocks Soaring Overnight: DB’s Jim Reid Explains
Debunking the Myth “Consumer Spending is 67% of GDP”
“Bowels Emptied! Women Molested!” German Media Reveals “Monstrous” CCTV Footage Of Refugee Pool Mayhem
Syria: The Battlefield Negotiations Now Favor The Syrian Government