Google Pulling Out of China

Monday, March 15, 2010

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  • US futures are basically flat after global markets were down marginally to flat.

  • Google says its 99.9% sure it'll pull out of China. GOOG is down almost 2% on the news while BIDU continues its meteoric run up another 25 points this morning. If this morning's gap up holds, BIDU will be up 40% year-to-date.

  • 58% of Americans say that the debt the U.S. owes to China is a bigger threat to the long-term security of the U.S. than is terrorism. 27% consider terrorism the larger threat. Zogby
    -Interesting.
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