Economy, Stock Market


Financial Times, front page headlines:

  • US retailers in battle at dawn — Drastic price cuts after poor sales
  • Pakistan moves troops to Indian border — Apparent escalation of tensions
  • China’s state sector urged to boost economy — Response to rapidly cooling growth
  • Russia braced for unrest — Moscow continues rouble devaluations
  • New threats to online security — Criminal gangs blamed for attacks
  • Japan suffers record fall in output — Gloomy data underscore troubles for world’s second-largest economy

I skipped 3 headlines as they were neutral. Not a single positive news item. How depressing *sigh*

Someone just said it means “time to go long”.