Episodes
Evergrande Gains A Month‘s Grace.
Sept. 25, 2021
The troubled Chinese real estate firm gains one more month before interest payments are due. But they aren't out of the woods by any means.
Markets This Week: ”Let‘s Put It All On Hold...”
Sept. 25, 2021
Evergrande Bonds payments not made. Oh, well...
Authorities Want Evergrande To Skip Bond Payments....Bad Idea.
Sept. 25, 2021
Chinese authorities want Evergrande to skip Bond Payments,
Another Great Evergrande Story.
Sept. 24, 2021
Last night, US Time, The Housing Regulators in China instructed Evergrande to continue building apartments. Don't stop. And especially don't stop because you have to pay your debts.
Nike Announces Plant Closing. Don‘t Worry No US Jobs Lost.
Sept. 24, 2021
Nike stock is down 5% in pre-market trading this morning, as the company announces that one of its major factories has been closed since mid-July. And will likely remain closed for the rest of September and possibly into Oct…
Market Technicals: NAS and S&P Clear 50 DMA.
Sept. 24, 2021
While the Dow still struggles below its 50 Day Moving Average, the NASDAQ and S&P 500 have finally managed to clear that hurdle. This is all part of the rebound from Monday's tremendous market blow. Energy is the current sta…
A Good Day For Stocks, Not So Good For Bonds And Metals.
Sept. 23, 2021
It was a good day to be in the stock market, but few other investments fared as well. The Down Jones Industrial Average was up over 500 points, with all major stock averages up a percent or more.
Midday: Timing Is Everything.
Sept. 23, 2021
Today seems like one of those days when the timing is all-important. We began with the story that Initial Claims for unemployment were way out of wack from what Wall Street expected.
Disclosure: The US Has It, China Doesn‘t.
Sept. 23, 2021
As we watch the unfolding crisis day by day, over at Evergrande Real Estate Group, We see the same lack of disclosure that was so prevalent here in the USA, back in the 1920s.
Two Thirds Of All Stocks Are Still Below Their 50 DMA.
Sept. 23, 2021
What concerns me from a technical standpoint, and what indicates just how powerful Monday's decline was, is that it knocked so many stocks below their 50-day moving average. And they still remain there.
All Sizzle, No Steak.
Sept. 22, 2021
It was a day when Wall Street reached for its own conclusion. And didn't worry at all about the details.
Midday: Markets All Up, Comfortable With Fed‘s Interest Decision.
Sept. 22, 2021
It all began with the good news out of China, that Evergrande, the troubled Real Estate and Finance firm, had reached an agreement with local bond holders. And thereby avoided default, at least for now. We discussed all the …
Not So Fast Evergrande.
Sept. 22, 2021
It was like two different stock markets. When we went to bed on the East Coast last night, it looked like markets were headed back down again. But when we woke this morning, a big rally had occurred in the overnight futures …
Market Technicals: Dow and S&P Close Down.
Sept. 22, 2021
It was significant that both the Dow and S&P finished down for the day. Something that we'll have to watch tomorrow. Futures currently are also down.
Three Central Banks Decide Interest Rates Tomorrow.
Sept. 21, 2021
So, right about now one of the Fed Governors is turning to another and asking: How'd the markets close? It has to be on all of their minds. Because going on right now is the first day of the Federal Reserve's Open Market C…
Midday: Evergrande Skips Loan Payment.
Sept. 21, 2021
Evergrande and I believe the Chinese Authorities, have elected NOT to pay the two bank loans that came due today.
Evergrande: The Growing Scandal.
Sept. 21, 2021
In China, you see, it is real estate more than any other investment, where people elect to put their investments. And Evergrande Real Estate Group is where an estimated 1.5 million Chinese have their accounts.
Extra: How Evergrande Affect US Trading.
Sept. 21, 2021
Markets were down 2% in the US today. Due mainly to the growing financial crisis which is Evergrande.
Market Suffers Technical Damage As Evergrande Comes Into Focus.
Sept. 20, 2021
For weeks now Evergrande, the major Chinese real estate firm, has drifted just out of sight. Never really gaining the focus that it deserved. A few on Wall Street knew there was a problem with Evergrande, but they just didn'…
Evergrand Contagion.
Sept. 20, 2021
And this contagion has hit the Investment Grade Bond Markets. In the US Bloomberg is reporting that no fewer than 8 Investment Grade Bond Offering, scheduled for this month, have now be canceled.
Markets Down All Around The World. Is It Evergrande?
Sept. 20, 2021
Asia saw a very rocky start to the week last night, as Hong Kong was down more than 3%. This as tensions are really beginning to climb, over whether one of the largest real estate firms around, Evergrande will be able to mee…
Evergrande This Week.
Sept. 19, 2021
Once the most valuable Real Estate Firm on the planet. Today, the Chinese company: Evergrande Real Estate Group fights for it's financial survival. And it all starts this week.
Evergrande: The Next 100 Days.
Sept. 19, 2021
So let's take a look at how this all will likely unfold, as over the next 100 days Evergrande will have nearly $700 million dollars worth of loans and bonds come due.
Evergrande Comes Down To The Wire.
Sept. 19, 2021
Two years ago, Evergrande Real Estate Group, was the planet's most valuable Real Estate Firm. Today, they are struggling to survive financially. With 1.5 million Chinese with deposits on hand to move into an Evergrande Apart…