“We must carefully consider whether we can cope with the increase in interest expense on loans, and we must also pay attention to the increase in interest rates to asset prices.”
I guess it’s time for Xi to make some red trucker hats – #Make China Great Again!
The robot carnage on Wall Street predictably spilled over into Asian markets on Wednesday.
And so the holiday-shortened week comes to a close and it delivered everything that could have been reasonably expected of it.
“Oh, they’re drunk. How would they know where we’re going?”
So the real drama (if there proves to be any) will come tomorrow.
Good lord. Hide the women and children.
Ok, so there’s good news on Wednesday morning and there’s also some not-so-good news.
So hey! Don’t feel too bad U.S. investors…
So you tell me: “healthy correction” or “global rout”?
Irrespective of how things pan out, this is indicative of how quickly things can go awry.
“… and the sun became black as sackcloth.”
The screens are red. Might need to reboot.
But hey, who cares, right? After all: “America first”.