- Richard Russell Warns China’s Destructive Bear Market May Spread To The U.S. Within 30 Days
As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, warned that China’s destructive bear market may spread to the U.S. within 30 days.
China’s Market Has Done What I Thought The U.S. Market Would
Richard Russell:“The Chinese market did what I thought the US market would do – it had a big blow-off on the upside and then reversed into a violent bear market. At the low, the Shanghai stock exchange was down over 30% and Chinese investors were thrown into a panic. When the planet’s second largest economy is in a bear market, it’s serious.