If the retail longs had half a brain they would not be here. Remember 1/2 people are below average.
Our US China trade as a percent of GDP is very small compared to Europe's ties of exports. Our Big exporters to China, IBN, Cisco MSFT have already been reduced due to "spying concerns" by China. Apple is the one which may be more vulnerable. Boeing? No ,orders are 7 years before deliveries and production slots can be sold. CAT already has taken the hits in China. Movies, no impact. They just don't buy that much from the US.
There is a small correlated drag on US equities over the short period. We have such a small market in China we are not exposed much. Equities are a much smaller issue in China. RE is the big investment arena.
I have been shorting individual China stocks for years. I did not want to short the index until the Government interviewed and scared the sht out of the capitalists. These guys make Lehman Bros look conservative. Playing with torches over there.
It will end badly.When?, I cant say for sure but within a year. Ir is no longer a stock market but a government apparatus. China is setting to lose 100's of billions of dollars shoring up their markets.
they cannot afford to buy stock when they are running out of cash. Vendors would not stand for it. That would be end game.We will never see another buyback. Just BK.
Mid teens is about right pending the next 2 quarters results. Sears Canada will set the tone and they will report in a couple of weeks. Onward to 17 dollars for now.
the wealth has systematically moved from the middle class to the wealthy. Higher disparity than the great depression.
I care if she willfully violated the law with real consequences from her actions. I have seen nothing that points to her doing such however. The NYT has amended its original article 3 times so far. They got played by a Republican staffer .