Volatility in Chinese Stock Market

“Chao gu” is the Chinese term for speculating in stocks. Roughly translated, it means “stir-frying” shares. Lately, though, for millions of Chinese investors, it means getting fried. Enter the “nerve-shredding,” “whiplash-inducing,” rollercoaster “tantrum” of China’s stock market. After soaring to 7-year highs on June 12, both the Shanghai Composite and Shenzhen stock indexes collapsed in… Read more Volatility in Chinese Stock Market

Consumers Are Now Savers

The real reason consumers aren’t spending is not a matter of monetary policy; it’s a matter of psychology. On June 2, the postman rang once — and, boy, did he ring. That day, the Wall Street Journal published a strongly worded letter titled, “Grand Central: A Letter to Stingy American Consumers,” which included these notable… Read more Consumers Are Now Savers

Deflation Nightmare in Europe

Elliott Wave International’s European markets expert Brian Whitmer often cautions his subscribers to beware of the pitfalls that will accompany the developing deflation in Europe. On May 20-27, Brian is hosting a free 5-video event at elliottwave.com: Investing in Europe: 5 Critical Insights. “Europe seems to be leading the way on important global trends, so… Read more Deflation Nightmare in Europe