Loading ...I’m watching Oil, as that is screaming for a Tech bounce…loads of divergence and mny indicators cnfm, but they just won’t let it get off the floor.
The mad idea that crashing Commodities will cause a consumer recovery, is front and centre of Fed/Scum policy here. That it will kill producers has obviously not been considered.
I see nothing in the action anywhere that says the Scum have backed off…..but China falling apart could well be too much for them to control…it’s early days for that crisis…..
The Chinese have been buying whole multi story apartment Blocks in the UK, off plan, same in Australia….if they start/have to dump then the UK houseing mkt could collapse.
http://moneyweek.com/the-train-crash-waiting-to-happen-in-new-build-property/