Shock Affect News Today

Buying it with a whopping 80 of voters in the latest fox news paul describing Economic Conditions as fair or worse, poor. It is no wonder, new data showing homeowners spending 40 of their gross income on their mortgage with rates hitting their highest level in 20 years and as moodys estimates americans are spending 709 or more on goods and services than they did two years ago. Lets bring in our panel, Damn Heninger and bill mcgurn, first, the Treasury Department on wednesday came out with a thre...

The shock affect talking about a collapse in china. the indicators are bad, the youth unemployment was 20% which is why the government of china announced they would no longer provide this number, the property nonpayment is important, the chinese currency, these are negative stories and theres a kind of bulls versus bears interpretation of the chinese economy. this is for the bears, they can now say china is finished, no longer a threat. that has geopolitical consequences, dont have to worry abou...