Tag: Debt Ceiling
-
RUSSELL2000 dips below 200dma
For the first time in over a year, the RUSSELL 2000 (Small Cap Index) broke below its 200 day-moving-average. The insolvency of Evergrande (China’s second largest real estate developer) is being blamed for the calamity, but I don’t think there will be a contagion. China’s problems are much larger than Evergrande, and I believe the…