A Picture Is Worth A Thousand Words

August 31st, 2009 by Belisarius

Shanghai Composite down -6.7% today. No comment needed.

Chart 1.  Shanghai Composite

Shanhgai Composite 31082009

Interesting news today by Bloomberg:

Shipping Rates Seen Falling 50% as China Cuts Commodity Imports

Yen Strengthens, Japanese Stocks Drop After DPJ Wins Election

This entry was posted on Monday, August 31st, 2009 at 1:30 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 

Leave a Reply

Get Adobe Flash playerPlugin by wpburn.com wordpress themes