Markets

[malleefarmer]

market watchers not sure if glencore is big in Canada but seem to be in a perilous postion.The y own all grain handling facitlities in sa and most of vic plus huge huge footprint in coal industry here

[malleefarmer]

another question for the experts how come you never hear of the indian economy being in trouble.

Huge population but not sure what drives there economy they can be self sufficient im sure and don't know what they export,
They do grow a awful lot of wheat more than most realize.

[ajl]

Glencore owns Viterra which is a major grain handler here. I was noticing this as well mallee

[Oliver88]

Glencore appears to be having poor results.
one article states it is the worst stock on FTSE.

[SASKFARMER3]

Or is it in India your either rich well off or starving. They don't care if a person dies just dig a hole and another one will take their place.
I also think what records are in place to say how well their doing. How much paper work actually gets to agencies about what's going on.
If they are in trouble it wouldn't be noticed till the upper class have issues. Then shit show number two.
This China thing is it just china playing around trying to take the USA down and down hard. If your dollar is so expensive nothing you have to sell will leave your shore.

[bucket]

Sf3

I think it's China just getting a better deal. There is no way the Chinese would risk having their middle class join the peasants in a revolt. The government wouldn't win that civil unrest.

I suspect by the end of the week you will see some upward movement in the market.

[bucket]

Oops I didn't read the news yet this morning. It appears to be correcting.

China cut interest rate.

[foragefarmer]

The biggest problem driving the markets right now are margin calls. Far to many people playing the markets with borrowed money. Electron trading doesn't help the problem either.

Those who jumped in first thing yesterday morning have made a small fortune already. The big player know how it works!!!

[bucket]

One email from a Chinese insider that they would reduce rates is all that took.

[cottonpicken]

Have heard retail investors dont like India because of backward government policies but dont know any specifics