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As Another Sector’s Sails Lose Wind, Watch This One Barometer

Saturday, September 26, 2015 12:57
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(Before It's News)

One by one, the bubbles are bursting…

First it was the commodities bubble that blew up in mid-2014, which caused the collapse of energy and commodity stocks -they are now down between 40-80%.

It also caused the end of the corporate credit bubble in high yield bonds and bank loans over the second half of 2014 and into this year.

Then the Chinese stock market, which had gone parabolic early this year, collapsed, sending global markets into a tailspin this summer.

Tags: biotech stock, biotech stocks, biotechnology, China, Chinese market crash, Energy, energy stocks, glencore, IBB

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The post As Another Sector’s Sails Lose Wind, Watch This One Barometer appeared first on Money Morning – We Make Investing Profitable.

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