Dow Futures Down, Far East Exchanges are up

I'm not sure what, if anything, this means but it should be fun to watch.

 

My view, we are in a Bear Market that the Federal Reserve and the White House is trying to cover up for as long as possible. US market is overpriced by at least 3-5 years of 3% growth due to the silliness of the Fed. It will correct and it will get ugly.......actually ugly for many and very profitable for others.

 

I think Europe is the fixable problem that ain't getting fixed and I sure don't understand that problem being kept in play.

 

Rather than considering my opinion on the EU doing a host of damned fool things. trying to get a handle on how soon India will surpass China (9 years if China does not have a meltdown and of course a lot less if either a meltdown or Indian growth increases further.) looks like the biggest unaddressed problem

 

The secretary of treasury is supposed to begin negotiations in China tomorrow on the sanctions mess

 

A good and cogent point but which sanctions are you referring to: the Russian, Iran or Venezuela sanctions. If we have sanctions directly against China I didn't get the memo.

 

Punitive tariffs are one form of sanctions. In the case of China, it is because they violated ant-dumping agreements. Embargoes are another form of sanction.

 

how soon India will surpass China (9 years if China does not have a meltdown and of course a lot less if either a meltdown or Indian growth increases further.)

India's GDP is less than 1/4th of China's.

 

/——-/ Futures are fickle. Currently they are up at 7:00 EST

 

Futures mean nothing.