Monday, 17 August 2009

Here is your Crux AM update:

Dan Ferris on the most important investment rule for today's market
"Don't forget to look down..."

How to eat out more and spend way less
15 great money-saving tips…

An update on Warren Buffett's stock holdings
Find out what the master is buying… and what he's selling.

China PLUNGES
Biggest one-day drop in nine months.


China PLUNGES
Monday, August 17, 2009

From Clusterstock: 

It looks like last week's dip in China wasn't just a breather. Concerns over a bubbly stock market and a possibly tightening credit sent the Shanghai index down another 5.8% in Monday trading.

It was the biggest drop in 9 months, with the index now sitting at a 2-month low.

Read full article...

More on China:

Jim Rogers and Marc Faber agree: Stay out of China

Jim Rogers divulges the ultimate way to invest in China

Famed market analyst says China has "become a giant Ponzi scheme"

George Soros makes huge bet on oil
Holds 22% of his fund in one oil stock.

Why you should be bearish right now
S&P 500 P/E ratio has nearly doubled since March... great times are now priced in.

Regards,

Brian Hunt
Editor in Chief, The Daily Crux
www.thedailycrux.com