Why people fear a shadow banking crisis in China A bridge under construction in China. Some WMPs are invested in infrastructure projects that have no tangible revenue. Talk of a Chinese shadow banking crisis is on the rise, leaving many investors in the U.S. and elsewhere wondering: What exactly does that mean? Shadow banking is […]
SUMMARY STAGES STAGES-UNSOUND MONEY TO FIAT CURRENCY FAILURE STAGES-PUBLIC, FISCAL & MONETARY FAILURE STAGES-ROAD TO REAL DEFLATION STAGES-NATURAL PROCESS OF MATURATION End Gordon T Long As seen in
Market Road Maps, SPX Road Map
The current pullback is roughly on course with a move fulfilling the wedge pattern (black dashed). Having slightly pushed through the patter, the current movement looks to be a consolidation and we watching for more drop, at least to the highlight (yellow) solid blue s/r. If the market breaks through this, we are then looking […]
Channels & Regressions On both the previous and the chart above, red circles mark places of interest for the pullback that we are watching. Despite the drop experienced by the market so far, the indicator still remains in a positive trend – above the trendline on the indicator. This will need to be broken for […]
We have been watching the boundary conditions for some time, noting the push against the upper Bollinger and waiting for a pullback. The pullback has occurred and we ar now watching to see how deep it will go. Several potential supports can be seen below the market, and these are all suggesting the market has […]
