27 Aug 2015

FTSE 100 - NOT amateur radio

OK, it is early morning still, but the FTSE 100 share index here in the UK is staging a bit of a recovery, presumably based on better short-term news out of China.

UPDATE 1345z:  The FTSE 100 share index is up 2.93% still. Encouraging in the short-term. Things could rapidly change though.

UPDATE 2004z:  The FTSE 100 ended the day well up climbing 3.56% on the day.  People seem to think the crisis in China is over. Think again.  As they say, "we ain't seen anything yet". Batten down the hatches we are all in for a very rough ride. This will make 1929 look like a walk in the park.

No comments: