Global Economy On The Brink Of Collapse! If You Were On Wall Street Today, You Would Smell The Rank Stench Of Pessimism.

If you were on Wall Street today, you would smell the rank stench of pessimism. Citigroup strategist Jonathan Stubbs was quoted in a recent report stating “The world appears to be trapped in a circular reference death spiral.”

Meanwhile, The Chinese company, Chongqing Casin Enterprise Group is attempting to acquire the Chicago Stock Exchange. A definitive deal requiring regulatory approval that is expected to be completed in the second half of the year. Bloomberg reports “The Chicago Stock Exchange — a subsidiary of CHX Holdings Inc. — is minority-owned by a group including E*Trade Financial Corp., Bank of America Corp., Goldman Sachs Group Inc. and JPMorgan Chase & Co., according to the company. The minority shareholders are also selling their stake…”