What fears and issues are moving the markets.
China ---- The talking heads on the financial channels on TV have mentioned that China could be the next Greece.
First of all, never say never, but I doubt it. The Chinese government is so flush with American cash that they could pave over any financial crisis issue, and not even bat an eye. Plus they have highjacked American manufacturing so they have a consistent cash flow. In business cash flow is king, it's funny that a communist country would school our business leaders in that basic business concept.
GREED and FEAR .................. are the two main emotions that move the markets up and down all day, every day.
The talking heads have to constantly be stirring up fear or greed for their ratings.
There's too much Greed in the market right now, it's reached the irrational exuberance phase of the market, that's when all the sheep pile in, and the market jumps in the elevator and pushes the basement button. Remember: Bulls make money, bears make money, but sheep get slaughtered.
Oil was at 107.90......... if oil keeps going up because of Iran, that is a valid concern. It could stall out the economy, and crap out the stock market.
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