China Stock Market DROPS 8%! Oil DOWN 20% in 2020! Global Economic Slowdown

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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means.
#money #china #oil

[TheMoneyGPS]

Despite massive intervention, China's stock market was pummeled. Oil has fallen into a bear market. Central banks are acting like it's a crisis but never admitting to it. What do you think is going on?

[mikehenry]

The foundation built on sand is slowly eroding.

[davidjames]

People need to start working for themselves a little more. They rely too much on someone else taking care of their affairs. Although this is nice, they need to understand that there is always a middle man who just skims money for every transaction where money is exchanged. For the DIY guy, obviously no cash is exchanged, so it is the most bang for the buck. The added benefit is a nice feeling of accomplishment, along with a little healthy physical activity. Being DIY also cushions one from all the economic turmoil associated with the global economic markets

[JenX]

Fun week ahead.. and no football to distract the masses:)

[benderrodriquez]

"Dive, Dive, Dive"
"But sir, this is a destroyer"
"I said dive sailor!"

[terrycrowell]

Just want to say THANKS for doing the hard work I dont have time to do.

[jvaldez]

The Dow is up 300 points as of this morning. Plunge protection team was at it again while everyone was watching the super bowl

[hifistuded]

As David says do not put all your eggs in 1 basket... Now we know not everything should be "Made in China".

[BatmanBoss]

174 Billion ready and it still dropped wow
Should be an interesting week ahead

[crigglybitsrigby]

David; 🤪... the Storm BEFORE the Calm! An inconvenience before ANOTHER MAJOR PUMP! IMO.. 🤔

[fitfrog]

It may be a good time to add a little gold to our portfolios. Iran is close to a nuke, N. Korea has an ICBM, China melts down and oil is below 50 a barrel. We have a very fragile world economic system with global counter parties reeling.

[mytablet]

Copper also down to its allowed limit.

[barbaraherda]

No commercials, NOTHING before/during/end of video ... 😒

[strezztechnoid]

Hilarious, "preventing irrational behavior". When has "rational behavior" ever been a thing?

[debbys-abqnm]

I note that Gold and Silver (spot) are down as of about 8am Mountain Time (USA), which is irritating as I'm too busy today to visit my coin shop, and we have some colder weather moving in, also preventing me from wanting to travel. I wonder what will happen by the end of the week.

[odst]

7:28, Money GPS needs someone to translate the moon runes. Get on it people!

[daviddarby]

Good work! congrats you havn't been demonitized with a wiki disclaimer as two other i regularly watch have been disclaimed.

[wangchuk]

Printing press is over heated in every country .

[captintinsmith]

What panic?!? As of 9:56 am EST Monday, DOW is up 300 points....
Mind boggling....

[puti]

I see many Americans Rejoice & Critical of the Fall in the Economic conditions in China on account of the CORONA VIRUS .They need to take another look as the US is on a similar path & extensively dependent on Chinese Manufacturing. The effects of China slow down will rub off on the US Economy as well .