First Prize for Michael
Crazy week, as you can imagine, business as usual plus trying to interpret the economies, "financial pictures", etc.
Chinese markets did relatively well, down less than 3% per day and still above 2,000, so far. Much better than Japan, which was down almost 10% yesterday alone!! Now we will see how the markets here in Asia react to the .5% drop in interest rates in the 6 large economies - China's central bank lowered rates .27% in sympathy (they JUST lowered rates .27% three weeks ago so that is comparable). Also China eliminated the TAX ON INTEREST ON SAVINGS!!! YEAH!!!
Meanwhile, back in Connecticut , Michael was winning accolades
for his growing prowess!!! First prize at the Durham Fair - Prize Sunflower!!

GREAT PICTURE, Michael!!
Chinese markets did relatively well, down less than 3% per day and still above 2,000, so far. Much better than Japan, which was down almost 10% yesterday alone!! Now we will see how the markets here in Asia react to the .5% drop in interest rates in the 6 large economies - China's central bank lowered rates .27% in sympathy (they JUST lowered rates .27% three weeks ago so that is comparable). Also China eliminated the TAX ON INTEREST ON SAVINGS!!! YEAH!!!

GREAT PICTURE, Michael!!

WOW! Nice flower!!! Congratulatios Mike!!!
Reply to this