Bankster Crime

Exposing Fraud in the Banking System

It’s Happening Again… Investors Dump Everything ‘China’

Featured Story

Global stock markets plunged Friday as tensions between the US and China spiral out of control. 

Stocks in Hong Kong and mainland China tumbled after Beijing ordered Washington to cease all operations at its consulate in the city of Chengdu. This came days after Washington ordered the Chinese consulate in Houston, Texas, to close. 

Investors are becoming fearful the tit-for-tat spat between the US and China will escalate into August. Today’s equity selling in Asia, Europe, and the US is evident in derisking.

We must note, derisking has been stealthily occurring under the surface for two months. While President Trump and Barstool Sports’ Dave Portnoy pump stocks, the smart money has been quickly dumping US-listed firms that do business in China because of increasing tensions. 

Fathom’s proprietary China Exposure Index (CEI) tracks US-listed firms that have 15% and 85% of their revenues from China. The CEI shows investors have been dumping these companies since the start of June. 

Readers may recall, a plunging CEI in early February preceded the stock market crash that started later in the month. 

Read: In Latest Sign Of Imminent Market Collapse, Investors Dump Everything’ China’

So the question we ask today: Is today’s CEI plunge hinting the stock market is set to tank again?

The Plandemic Tracking

Source: ZeroHedge

StevieRay Hansen
Editor, BanksterCrime

God often uses men who are not of the best moral character. Pharaoh, Nebuchadnezzar, Cyrus, Herod, and Trump (amongst others), to accomplish His will in events He orchestrates during human history. We either trust the sovereignty of God or we don’t. Nothing happens apart from Him…

The best index to a person’s character is how he treats people who can’t do him any good, and how he treats people who can’t fight back…

The Birth Pains Are Growing Stronger….

One of the signs of ruling class collapse is when they can no longer enforce the rules that maintain them as a ruling class. When the Romans started making exceptions to republican governance, it was a matter of time before someone simply decided the rules no longer applied to them. Perhaps the robot historians will consider Obama our Marius or Sulla. Maybe that person is in the near future. Either way, the rule of law is over and what comes next is the rule of men.

“Don’t piss down my back and tell me it’s raining.” Outlaw Josey Wales

BanksterCrime

Don't Miss

Banks Do Not Always Command The Public’s Trust

By StevieRay Hansen

Banks are running out of time to regain public trust Isaiah lived in a time when Judah was struggling under the weight of injustice: “Justice…

Read More

Google Should Be Afraid. Very Afraid

By StevieRay Hansen

Critics of Christianity have become more vocal recently. This is partly because there are many people who do not believe in God or understand the…

Read More

Predatory Banks And Their Rip-Off Overdrafts

By StevieRay Hansen

Greed refuses to be satisfied. More often than not, the more we get, the more we want. Material possessions will not protect us—in this life…

Read More

After Reaching Milestone, Is Bancorpsouth Bank (NYSE:BXS)’s Short Interest Revealing Something?

By StevieRay Hansen

Money changers were associated with others who engaged in shady business practices in the temple courts. Some sold sacrificial animals, overcharging people who did not bring…

Read More

First bank failure since 2017 is a wake-up call

By StevieRay Hansen

Why is the love of money a root of all kinds of evil? To help us answer this, we must look at the passage in…

Read More

StevieRay Hansen

In his riveting memoir, "A Long Journey Home", StevieRay Hansen will lead you through his incredible journey from homeless kid to multimillionaire oilman willing to give a helping hand to other throwaway kids. Available on Amazon.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *