China's slowdown continues to accelerate.
Investment down 6% January-April, 7% in May
Property sales down .4% January-April, .9% in May
New construction down 21% January-April, 22.6% in May
Developer funds raised down 6.4% January-April, 6.6% in May
Given all of the negative economic data and upcoming student loan requirements, I don't understand this market so can't jump in.
The stock market is a device for transferring money from the impatient to the patient. - WB