Thanksgiving can be a dangerous day for stocks. The 4th Thursday of November is a holiday only in the United States – the stock markets are open in the rest of the world. Operating without the liquidity of the big US investment banks, hedge funds and private equity capital, markets can turn volatile – stop loss orders can kick in and accelerate a decline.<\/p>\n
Europe’s stock markets seem calm, so this doesn’t seem to be another global panic. People who know about these things say the Chinese economic growth is exaggerated by fake data and government meddling, like building large numbers of empty apartment building where there is no need for housing. <\/p>\n","protected":false},"excerpt":{"rendered":"
Thanksgiving can be a dangerous day for stocks. The 4th Thursday of November is a holiday only in the United States – the stock markets are open in the rest of the world. Operating without the liquidity of the big … Continue reading