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9月3日大阅兵宣传片
https://www.youtube.com/watch?v=JRyHnXEalJA

Global markets rebound as China cuts rates to help economy

BEIJING (AP) -- U.S. stocks jumped at the open after China's central bank cut interest rates to support its economy.

The Dow Jones industrial average rose 296 points, or 1.9 percent, to 16,180.61, as of 9:45 a.m. Eastern time. The Standard & Poor's 500 index climbed 38 points, or 2 percent, to 1,932. The Nasdaq composite rose 109 points, or 2.4 percent, to 4,635.

Oil prices are up, but U.S. crude is still trading below $40 a barrel.

Treasury notes are falling, pushing up the yield on the 10-year benchmark not to 2.08 percent.

China strong enough to weather stock support end, state-run paper says

http://www.straitstimes.com/business/com...paper-says

BEIJING, Aug. 25 (Xinhua) -- Chinese Premier Li Keqiang said on Tuesday there exists no basis for continued depreciation of the Chinese currency yuan (the RMB), and the exchange rate will be kept "basically stable at an adaptive and equilibrium level."

Li made the remarks while meeting with First Deputy Prime Minister of Kazakhstan Bakytzhan Sagintayev in Beijing.

http://news.xinhuanet.com/english/2015-0...554813.htm

and then they do a rate cut right after saying this.

Doesn't instill much confidence in what they are saying after they do the opposite. Actions speak louder than words. It seems all is not right on the Chinese front.

And when things are uncertain , volatility follows...

(26-08-2015, 06:45 AM)BlueKelah Wrote: [ -> ]and then they do a rate cut right after saying this.

Doesn't instill much confidence in what they are saying after they do the opposite. Actions speak louder than words. It seems all is not right on the Chinese front.

And when things are uncertain , volatility follows...

Its not just China, whole world repeating each others' mistakes and its just the degree...

Whatever it is whole world is a Ponzi scheme as one's action will affect another especially with informmation efficiency and increased integration amongst global economies.

The only consolation is that everyone is being sucked into the black hole and hence ultimate consters are forced into making new strategies to convince the rest of the world so that they can instill fresh confidence to keep on struggling. 

As long as all die together then not so much of problems. 

Anyway all jelek especially those economies that have been rebased to higher costs levels due to asset inflation as a result of QE.

They shouldn't save market whenever there is problem. They are just kicking the can further down the road. In the end no one wants to take responsibility .

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(26-08-2015, 08:43 AM)Life is a game Wrote: [ -> ]They shouldn't save market whenever there is problem. They are just kicking the can further down the road. In the end no one wants to take responsibility .

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If US has done similarly during the last crisis, I would think that it is a undesirable, but necessary action during a volatile period. 

Fully agreed. It was a Shang Hai Stock Bubble and they try to save a Bubble ! I can't believe my eye when they do those interventions to push up the stocks. They do not have a clue on what's going on. However i think some sense is getting back to them via devaluation because they don't deserve the strength.

Trying to justify action on other actions, that we think they are all the same, do not turn "wrong" to "right".
It only deserve another thread to discuss are they really the same. So far is only one sided assumption.

It seems ok for US to do something to restore the market but not China ? HK did that few years ago !
In fact many countries also do that !