'LAW' of supply and demand is nothing more than a slogan. Real laws actually ACT like laws. They (prices) don't go up when the demand is low and down when the demand is up; nor do they go up when the supply is up and down when the supply is down. The law of supply and demand influences economic decisions because too many idiots believe this lie.
They demand more money... and the suckers supply it.
So much for the theory of 'supply and demand'.
Wed, Sep 2, 2015, 3:45pm EDT - US Markets close in 15 mins .
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History of U.S. August job growth revisions could muddy Fed rate hike…
The U.S. government has initially underestimated job growth for almost every August over the last decade, a trend that could make it harder for the Federal Reserve to decide if an upcoming employment report will signal America is ready for…
• Tight U.S. labor markets fuel wage gains; China impact looms -Fed
Batten down the hatches... Of course, our guys in Hong Kong will balance out whatever Shanghai throws at us.
Rules are made by the rulers so they can rule those of us being ruled.
Wouldn't you if you were in charge?
It IS a big psychological factor... and who better than the psychos to monitor it. I certainly wouldn't want to be that guy.
You don't actually think they just sit and watch do you?
Don't be foolish.
I like to think I'm helping to make this a better world for my kids and grandkids.
Can my competition say that? I DON'T think so.
If you export to China, the latest headlines are not good news.
After a decade of rapid growth, China's appetite for goods and raw materials from the rest of the world appears to be slowing. And that's left companies and countries that sell to China wondering just how badly their orders may shrink.
On Tuesday, Beijing reported that China's giant manufacturing sector contracted at the fastest pace in three years. A separate private survey of smaller firms showed the factories slowing to the weakest pace in more than six years.
The slowdown is hitting China's biggest suppliers and major trade partners hardest. In August, exports from South Korea tumbled by nearly 15 percent—the most in six years.
For U.S. exporters, China represents the third-largest market—behind Canada and Mexico—accounting for $120 billion worth of goods last year. But that trade represents only 7 percent of U.S. exports—or less than 1 percent of total gross domestic product, according to economists at Wells Fargo Securities.
Read More › China's a short-term mess but a long-term buy
"Even when indirect effects are considered, the United States simply does not seem to have significant economic and financial exposure to China," they wrote in a recent note to clients.
But that impact varies widely from one U.S. state to another, with West Coast states more heavily reliant on Chinese markets.
Of course, I've got the extra bet on real dollars backed by... metals.
know them. I'm just a citizen. All these other jokers are just telling you what their money is bet on.