WEEKLY MARKET DIGEST: MORE RED ARROWS ON FAILED CHINA BOND AUCTION $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) MORE RED ARROWS ON FAILED CHINA BOND AUCTION April 11, 2014 In the pre-market, more red arrows after failed China bond auction. China had planned to sell 28 billion yuan of one year debt but bids came only for 20.7 billion. There are several bubbles in China including a debt bubble. So far Chinese government has been able to astutely manage all the bubbles. Assuming the Chinese government continues to succeed, the present swoon in