Shanghai Trades Near 2-Year Low
The Shanghai Composite rose .7% to 2,266.53. That keeps it very near a 3-year low. Investors are still extremely concerned about three things: The balance sheets of Chinese banks may be much worse that the government indicates GDP drops in…
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The Shanghai Composite rose .7% to 2,266.53. That keeps it very near a 3-year low.
Investors are still extremely concerned about three things:
The balance sheets of Chinese banks may be much worse that the government indicates
GDP drops in many EU nations will affect demand for Chinese goods.
The China housing bubble appears to be losing air, and, may burst if the economy slows too much
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McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
