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Tag: Debt Ceiling

  • RUSSELL2000 dips below 200dma

    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…