Buckle Up...Going to be wild.

[otterinbham 0]

Let's see if the Fed intervenes.

[bigsixfive 341]

Looks like, despite the media's best efforts, the market made money this week.

[otterinbham 0]

Looks like, despite the media's best efforts, the market made money this week.

This week. Of course, the market's up 6% on the year. Not bad if it can consolidate the gains.

[Bottomfeeder 244]

Accounting for real inflation and the market is down at least 11%. After the Chinese shake themselves from the US Dollar, it'll be down at least another 60% in real value, not price.

Got yuan?

http://www.forbes.com/business/feeds/afx/2...afx4008852.html

Why not convert your investment dollars to yuan and then invest?

[otterinbham 0]

Accounting for real inflation and the market is down at least 11%. After the Chinese shake themselves from the US Dollar, it'll be down at least another 60% in real value, not price.

Got yuan?

http://www.forbes.com/business/feeds/afx/2...afx4008852.html

Why not convert your investment dollars to yuan and then invest?

Real inflation? Oh, malarkey. If anything the CPI is considered to be a half-point higher than the actual inflation rate.

As far as the Chinese shaking off the dollar, I really don't believe it. We have been trying for several years to convince China to NOT peg the value of the Yuan to the dollar, but they've refused to do it because it would drive up their export prices relative to the US and other currencies. Suddenly, they are not a strong export economy anymore when that happens.

The other thing you really have to realize is that the Chinese are on shaky economic and political ground. Invest in the yuan today, and you could really pay the price tomorrow.

[Bottomfeeder 244]

Let's see if the Fed intervenes.

They did. Three times for total of $38 billion dollars.

Fed injects $38 billion to ease Wall Street fears

The Fed injected new money for the banking system three times, for a total of $38 billion. Adding to the intrigue surrounding the unusual move, the Fed allowed banks that were seeking to borrow this money temporarily to use mortgage-backed securities as collateral.

These securities are a main cause of the current gyrations on Wall Street as wary investors try to shed them but are finding few buyers. By accepting the securities as collateral, the Fed tried to show that it thought they were reliable investment instruments.

http://www.mcclatchydc.com/homepage/story/18847.html