stock market

Wall Street set to open lower on China report

So, is the bubble finally going to burst?

Wall Street set to open lower on China report

Jan 10, 2018 at 7:56 AM CST

Wall Street was set to open sharply lower on Wednesday as investors were spooked by a report that China is considering slowing or halting purchases of U.S. government debt.

Does this make any sense?

During the two and a half months that followed the February 11th lows, the stock market took a near vertical escalator upward, adding trillions of dollars in paper wealth and coming within 3% of the all-time highs.
You would think that everyone was bullish on the economy and the companies that issue these equities, but you would be wrong.