Shanghai market has mild bounce, rest of Asia tumbles

Plenty of mixed messages in the Asian markets with most of the trading down and China slightly up. The question today is whether this is a correction or the start of a downward trend. All of that said, we use the word "bubble" for a reason and bubbles do not last forever. As for the US market, the economics of funding a war with tax cuts and selling the debt to a bubble economy is certainly a novel idea and one that will no doubt be a case study in econ classes in the future.