Interesting Market News and Views from Global Financial Markets-12

1) The Rate Hike Stock Market Crash Has Thrown Gasoline Onto An Already Raging Global Financial Inferno

From theeconomiccollapseblog.com - Today, 7:03 PM

If the stock market crash of last Thursday and Friday had all happened on one day, it would have been the 7th largest single day decline in U.S. history.

2) Portugal's anti-austerity Left take power in watershed moment for the euro

From www.telegraph.co.uk - Today, 7:02 PM

AEP: The president threatened to sack the new government if it
challenges the EU's Fiscal Compact, deemed a formula for economic depression
by Keynesians

3) India pips US, China as No. 1 foreign direct investment destination - Times of India

From timesofindia.indiatimes.com - Today, 6:57 PM

India rises 16 places in Ranking Of Competitiveness

4) Buy the ETF, Not the Mutual Fund

From blogs.wsj.com - Today, 6:55 PM

On Dec. 10, Third Avenue Focused Credit Fund suspended its investors’ right to ask for their money back whenever they wish. That drastic step wasn’t unprecedented, however.

5) 2016: Why the bull market in stocks isn't dead yet

From money.cnn.com - Today, 6:55 PM

The U.S. stock market faces lots of threats in 2016. But market pros polled by CNNMoney think Wall Street will claw its way past these obstacles to reach new heights.

6) China to Extend Yuan’s Trading Hours, Widening Currency’s Appeal

From www.wsj.com - Today, 6:53 PM

China’s central bank, the PBOC, said it would increase the yuan’s trading day by seven hours, opening the currency to more foreign investors and narrowing the gap between the onshore and offshore foreign-exchange markets.