Think that the slowdown in China is just picking up. China have over expanded and had easy money for too long and now they are seeing the consequences. They may be worse at lying and distorting figures than the American government. The flood of money circulating among financials that is being used to put the stock market higher is not helping the average individual who now has less money and everything is costing more.
There are more serious problems on the horizon. Be careful out there investing.
Depends on one's perspective. The world comes to an end. People stop eating,keeping warm,etc.
The leaders in China will not let the growth drop below 7%. 7% the USA should be so lucky.
BTU is a longer buy,will it ever be back to 70? Probably not,but the 30-40 are reachable goals over the
next two years.