We haven’t had a full day to thoroughly analyze the “A-Greek-ment,” although at first glance there seem to be some messy details not fully buttoned up.
Recent Reports
It seems as if for the moment China’s central-planning moves to bolster its main stock exchanges are paying off. Yesterday and today combined, the Shanghai Index was up almost 12%. Beware, though.
Apparently the world didn’t end when the NYSE stopped trading for four hours yesterday. Today, China’s Shanghai index moved higher, recovering by almost 6%.
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