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brooklynite

(94,727 posts)
Tue Aug 25, 2015, 07:01 AM Aug 2015

Stock markets surge after China cuts interest rates - live updates

Source: The Guardian

China’s decision to cut interest rates, and the reserve requirements on its banks, is driving shares higher across Europe.

The main indices are roaring back and recovering most of Monday’s losses, in a dizzying rally:

Wall Street is expected to rally too, after the Dow shed 588 points yesterday.

Read more: http://www.theguardian.com/business/live/2015/aug/25/asian-stock-markets-braced-for-steep-falls-after-wall-street-slump-live



FTSE (London): +208

DAX (Grankfurt): +413

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Stock markets surge after China cuts interest rates - live updates (Original Post) brooklynite Aug 2015 OP
Sucker rally customerserviceguy Aug 2015 #1
Bingo! GreatGazoo Aug 2015 #2
Even the putz Jim Cramer warned of this crap. joshcryer Aug 2015 #3
Wait. The GOP says it's all China's fault the stock market collapsed. mainer Aug 2015 #4
Giving China any credit for anything will never come out of Donald's mouth. Rather: "China BAD, pampango Aug 2015 #6
Remember the words of the iconoclast Steve Jobs..... wolfie001 Aug 2015 #5
And this is how a corrupt.................................. turbinetree Aug 2015 #7
lol treestar Aug 2015 #8
Down finished down 200 about being up by about 440. former9thward Aug 2015 #9

customerserviceguy

(25,183 posts)
1. Sucker rally
Tue Aug 25, 2015, 07:19 AM
Aug 2015

Where the big boys dump their stuff, leaving Joe Everybody holding the bag on some 'bargain' stock.

joshcryer

(62,276 posts)
3. Even the putz Jim Cramer warned of this crap.
Tue Aug 25, 2015, 07:42 AM
Aug 2015

Pretty pathetic when Wall Street's biggest pumper and dumper says it's all a mirage.

mainer

(12,029 posts)
4. Wait. The GOP says it's all China's fault the stock market collapsed.
Tue Aug 25, 2015, 07:45 AM
Aug 2015

So is it still China's fault that the stock market rebounded?

pampango

(24,692 posts)
6. Giving China any credit for anything will never come out of Donald's mouth. Rather: "China BAD,
Tue Aug 25, 2015, 08:57 AM
Aug 2015

US GOOD" is the extent of his foreign policy.

wolfie001

(2,265 posts)
5. Remember the words of the iconoclast Steve Jobs.....
Tue Aug 25, 2015, 08:18 AM
Aug 2015

"Those jobs aren't coming back".....maybe we should be using every method to bring them back. We have the green technology to do it. China's population is being poisoned. Both parties should make this "JOB 1" on their agendas.

turbinetree

(24,720 posts)
7. And this is how a corrupt..................................
Tue Aug 25, 2015, 09:03 AM
Aug 2015

ponzi scheme operates and "inside information."

Either by a communist government or by a free market capitalist................cut interest on government funds for borrowing but let the citizens pay the bank rate which is still high----------------look no further than the Libor / Treasury window rate companies such a banks got from this treasury department .01% for the last ten years or so, and what interest rates of "credit" the borrower had to pay-2.75% to 25% in the last ten years or so

And this is why a Defined Benefit Package from a employer is safer than the proverbial "401K" that has been touted by the same corrupt ponzi scheme banks and there lackeys as being responsible method of savings---------------------right--------------------I got a stock for you but first -----------let's play the cups and ball game shall we-----------------or play flip the coin--------------------------heads I win, tails you lose------same premise

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