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Thursday, 27 August 2015

More on the climbing FTSE 100

The FTSE 100 share index here in the UK recovered further today, presumably based on better short-term news out of China.

UPDATE 2004z:  The FTSE 100 ended the day well up, climbing 3.56% on the day.  People seem to think the crisis in China is over. Think again.  As they say, "we ain't seen anything yet". Batten down the hatches we are all in for a very rough ride. This will make 1929 look like a walk in the park.

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