Money Matters airs tomorrow Thursday January 20, 2016
at noon PST on KVMR FM or worldwide stream the show at kvmr.org
Marc's notes:
Historic start to 2016.
Tune in tomorrow as we cover the markets and try and make sense out of it all. Have questions? Call the show on air at (530) 265-9555 between the hours of 12 and 1 PM PST.
We will cover it all and I welcome your questions!
Markets roll, Money Matters airs this Thursday. Read below and consider your options.
Feel Free to call me or email me with your questions about this market.
(530) 559-1214 Email: mcuniberti@cambridgesecure.com
Out from Bloomberg last week, China moved to support its sinking stock market as state-controlled funds bought equities and the securities regulator signaled a selling ban on major investors will remain beyond this week’s expiration date, according to people familiar with the matter.
Government funds purchased local stocks on Tuesday after a 7 percent tumble in the CSI 300 Index on Monday January 4th triggered a market-wide trading halt.
The China Securities Regulatory Commission said a six-month sales ban on major stockholders will remain valid beyond Jan. 8 its previously proposed deadline.
Chinese policy makers, who took unprecedented measures to prop up stocks during last summer’s crash, are stepping in once again to combat a stock market crash that erased $590 billion of value in the worst-ever start to a year for the nation’s equity market.
US markets also started the year with the worst fall in 80 years, with the first trading day of 2016 saw the Dow Jones Industrial Average falling over 300 points.
