This is a shockingly absurd story. Goldman, Citi and the rest of the gentlemanly, altruistic global banks invented yet another disgraceful product at or around the peak of the stock market a couple of years back and they aimed it, not unlike a loaded gun, squarely at the foreheads of wealthy Chinese businessmen. The fact that…
Hong Kong
Market Recap: China Plays Peter Out
[vodpod id=Groupvideo.2654635&w=425&h=350&fv=] The Reformed Broker, AKA Sweet Georgia Brown, here with today’s Market Recap… Well we certainly couldn’t go up every day, guys! The pain was everywhere with the Dow off around 100, but it was felt the most in the inflation/ weak dollar/ China export sectors. Here’s the chalk outline at the 3:30 look: Worst…
