Panic is Building through to the price of eggs!
The current 34% crash in the Chinese stock market (chart 1) has created waves of selling through other markets, as investors panic to raise cash – in China on Wednesday, aggressive selling was witnessed in everything from eggs to sugar and even pig food. Whether the selling is because people have to cover margin calls, or simply because of the belief that the share market correction will lead to problems for the Chinese economy, the result remains the same. The important thing to remember is the collateral damage of panic selling across all markets leads to excellent opportunities to purchase great stocks at good prices. (VIEW LINK)
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