November Rain

[Byebye Penis]

US and Taiwanese mid-term elections coincide with the largest showdown in South China Sea.

US navy plans major show of strength in South China Sea as warning to Beijing
Freedom of navigation operation will take place amid rising tensions and near-collision between USS Decatur and Chinese vessel
https://www.scmp.com/news/china/mil...s-major-show-strength-south-china-sea-warning

 

[Byebye Penis]

US is also rushing the increment of rate-hikes with trade-wars and recession lingering on both sides of Pacific.

With rates on the rise, Fed must plan for next downturn, Evans says
https://www.reuters.com/article/us-...an-for-next-downturn-evans-says-idUSKCN1MD14U

 

[zhihau]

Nothing lasts forever, even cold November rain...

 

[Froggy]

 

[Byebye Penis]

On Monday, the Shanghai market posted its worst daily performance in months on Monday after the central bank cut the reserve requirement for banks over the weekend.

The Shanghai composite fell 3.72 percent to close at around 2,716.51. The People's Bank of China announced on Sunday it was cutting the reserve requirement ratio (RRR) — or the amount of cash that banks have to hold as reserves — by 100 basis points effective Oct. 15. The RRR is currently 15.5 percent for large commercial banks and 13.5 percent for smaller lenders.

The move by China's central bank, its fourth in 2018, came amid concerns about the economic impact of Beijing's ongoing trade war with Washington.

https://www.cnbc.com/2018/10/08/asia-markets-us-treasuries-currencies-in-focus.html

 

[zhihau]

The PAPpies must be yearning for a global downturn, using that as a boogie-man for their election ruse.