Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Friday, December 16, 2011

China stocks falling

2 year chart of Shanghai Stocks CI seen struggling to keep afloat and breaking down to a two year low ... Short commodities firms that sell to China ...

New York: Ratings firm Fitch downgraded six major global banks on Thursday, citing increased challenges in the financial markets
Fitch lowered the long-term ratings on Bank of America and Goldman Sachs in the United States, British bank Barclays, French bank BNP Paribas, German bank Deutsche Bank and Swiss bank Credit Suisse.

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