Thursday, April 10, 2014

THURSDAY 4/10/14; China's Trade Data Weakens; Equity Markets Collapse

China’s March Trade data falls for two consecutive months but the Asian markets shake off the disappointment and instead run higher joining the US party. SSEC gains 1.4% and HSI jumps +1.5% boosted by the Fed easy money talk and anticipation that the PBOC will provide stimulus despite Premier Li stating otherwise. Bad news is good news around the globe. The central bankers have created sick markets where traders move equities up and down depending on the ongoing money printing and other stimulus measures.











[Text is Redacted: Purchase April 2014-04 to Read the Complete Chronology]













Comedian Stephen Colbert signs a five-year deal to replace David Letterman on the late night television show so CBS should see active trading tomorrow. A horrific vehicle crash occurs in California between a bus and an FDX truck with several dead. FedEx is cooperating fully with authorities investigating the accident.

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