Market Drops
RUSH: There are some things that are happening that just broke today such as the stock market, at the moment, down over 400 and plummeting. They say it's because of what's happening in China, with the ChiCom market. Many think the ChiCom market's rigged, artificially propped up, and that the bottom is falling out of it now. That may be, but ours has not exactly not been rigged what with all the quantitative easing, the printing of money, and that being money printed all being funneled into Wall Street at the end of the day.
My two cents on this is that whatever they want to claim the reason for this market plunge is, there's always what they don't say. Ah, what's going on in China with their stock market, but there's another factor here, and that's our own economy that I think is a factor as well.
So there's that to get into.
http://www.marketwatch.com/story/us-stocks-set-for-tumble-at-open-as-china-fears-return-2016-01-04
RUSH: There are some things that are happening that just broke today such as the stock market, at the moment, down over 400 and plummeting. They say it's because of what's happening in China, with the ChiCom market. Many think the ChiCom market's rigged, artificially propped up, and that the bottom is falling out of it now. That may be, but ours has not exactly not been rigged what with all the quantitative easing, the printing of money, and that being money printed all being funneled into Wall Street at the end of the day.
My two cents on this is that whatever they want to claim the reason for this market plunge is, there's always what they don't say. Ah, what's going on in China with their stock market, but there's another factor here, and that's our own economy that I think is a factor as well.
So there's that to get into.
http://www.marketwatch.com/story/us-stocks-set-for-tumble-at-open-as-china-fears-return-2016-01-04