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11Aug2015 Market Close: Markets Rise From Earlier Lows, But Close Deeply In The Red, Oils Still Retreating, Some Investors Talking About Throwing In The Towel
Tuesday, August 11, 2015 13:49
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Written by Gary
Markets made a feeble recovery of less than a half percentage point by the close. Some analysts are afraid that a weaker yuan will set off deflationary ‘ripples’ and slow the pace of Fed rate increases.
Although short term indicators are very bearish, tomorrow could be an up day after looking at some closing technical indicators.
Source: http://econintersect.com/pages/market/market.php?post=201508111523
