China is leading the downward trend as Shanghai and Hong Kong markets crash. Half of the Chinese market has been suspended, today, by Central Planning.
Centrally Planned Capitalism is this communist government's approach to wealth creation, proving that you can put a "free spirit title" on anything related to totalitarianism.
Understand that 27% of stock growth in the world is Red Chinese related . So, what happens in China does not stay in China. Copper, a primary industrial metal is leading the downward crush in commodities in the Chinese market and this includes oil.
The dollar is up, oil is sharply down, commodities and industrial metals (copper, platinum ) are crashing, and gold is on the rise . . . . . . . . . a combination of factors that is more than "concerning."
In terms of reporting, this "morning news" is the tip of the iceberg. More on this in the very near future.
(All of the above facts from Mornings with Maria (Bartiromo) . . . . Fox Businss).
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