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Happy Thanksgiving

By Matthew Kerkhoff

 

It’s a shortened trading day today as investors recover from overeating and attempt to work off those extra pounds by battling one another for deals on gifts. Major averages are mostly in the green, though little changed. I hope everyone was able to share some time (our truly most precious asset) and good food with loved ones.

 

And of course I hope everyone was able to eat a bite of stuffing for the R-man!

 

China had a rough session overnight with the Shanghai Composite dropping 5.5% on the back of falling industrial profits and investigations into multiple Chinese brokerages. So far the reaction around the rest of the world has been muted. This may change on Monday with everyone back to work, but so far it seems investors are taking this in stride.

 

Just a few short months ago a perturbation like this from China would have sent global markets tumbling. If ... Log in or subscribe to continue reading.


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