New reports by Bloomberg News and the New York Times about wealth accumulated by Xi's family and the even-greater fortune built up by relatives of former Premier Wen Jiabao prompted China to block access to their websites within China and refuse to grant visas to their reporters to work in China. And we all know Putin has billions stored away overseas for himself and his multiple mistresses. This is how revolutions start and we could see civil unrest within Russia and China building over the next few weeks as more news leaks from the Panama Papers.
and that's the good news. Come 2 pm on Wednesday we could see the DOW down 300 points as the Fed minutes show the tide is turing towards a rate hike sooner versus later. Spy now set up for the Perfect Storm to take it back to the low $180's if not lower.
and after Putin "Nukes" Panama for showing the world his net worth of one Trillion dollars, will Spy be under $100 or less? Sure looks like a Lehman Brothers" moment to be, but on a way, way bigger scale.