Hard hitting global and local news
Hard hitting global and local news
View post: El-Erian: "This Will Not Derail the Economy"; Contradictions and Friendly Disagreements; Six Points El-Erian Misses
Chinese Stocks Extend Slide, Down Another 6%; S&P Futures +38 Points, Nasdaq Futures +71 Following a day in which only 6 out of 500 S&P 500 stocks rose, a snap back of some sort was in order.
Today’s action was not pretty, unless you were a bear. Here are a few charts to consider
Bloomberg reports Panic Grips Emerging-Market VIX in Biggest Jump on Record The rout in markets from China to South Africa triggered a record jump in a gauge of options prices on developing-nation stocks as investors purchased contracts to protect against future declines. The benchmark — called the CBOE Emerging Markets ETF Volatility Index — more than tripled as trading began at 9:30 a.m
Several NGOs currenlty openly funded by the US NED  - i.e.
Please consider the Vox article China’s Latest Stock Market Crash, Explained .
Another Asia-Pacific Equities Bloodbath Posted by Michael Shedlock at 8:57 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.
Please consider How US Sugar Policies Just Helped America Lose 600 Jobs .
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