it's harder to squeeze profits or the price of the end product, which hogs produces, rises, lowering demand.
Still, the only economy left standing is the Chinese tonight, after the crap the government is handing us with respect to the debt ceiling.
Will Obumma pull a fourteenth amendment and guarentee the debt as it says in the Constitution, or will the US go belly up if it doesn't finish the budget nonsense by 22 July, so that law may be written and administered.
That's 22 July, not 2 August. Assuming these idiots print and enact what we need.
Chinese stocks are last man standing. I look for otherwise, to be buying ops.