There will be a stock options expiration for October on this Friday.
Go figure it all started in China… The 'Put' is expired after the Communist Meeting. Let it unravel? pic.twitter.com/g4pCoaoe3v
— Alastair Williamson (@StockBoardAsset) October 19, 2017
Spending is fun! Easy credit is a blast! But debt is a downer. And, right now, numerous measures of debt are near all-time highs.
BofAML: Era of excess liquidity & disruption ends w/tech & credit bubble. 2018 to bring aggressive Fed tightening &hostile war on inequality pic.twitter.com/OwSVYJRh0B
— Holger Zschaepitz (@Schuldensuehner) October 19, 2017
China’s central bank just warned of a sudden collapse in asset prices
- China’s central bank has said it should prevent accumulation of risk from excessive optimism
- Central bank governor Zhou Xiaochuan said corporate debt is relatively high and that household debt rises too quickly
- Zhou said the trading range of the yuan exchange rate was not a key issue at moment
- Zhou is expected to step down early next year
China’s central bank just warned of a sudden collapse in asset prices from CNBC.
Three Reasons the Next Crash May Be Worse Than 1987’s
“Black Monday was the contagious crisis that the system nearly didn’t survive,”
China Isn’t Fixing Its Flaws
Optimism about the economy is based on misconceptions.
Moody’s Warns of ‘Likely’ Hartford Default, Decades of Deficits Ahead
Japanese opt to play it safe as negative interest rates kick in
Italians Have Perfected the Art of Waiting It Out