Wall Street is Running out of Time… and Money

Thursday, August 20, 2015
By Paul Martin

It’s Not Just China You Should Be Worried About.

by Bill Bonner
WolfStreet.com
August 19, 2015

Chinese stocks fell hard yesterday. The Shanghai Composite plunged more than 6% – the biggest fall in three weeks. Our research team in Beijing is downcast.

“Nobody here wants to hear about stocks,” they tell us.

And the junkiest – and riskiest – part of the U.S. bond market has taken a dive too. Here’s that chart of the big U.S. junk bond ETF that Chris highlighted in yesterday’s Market Insight. It has completely rolled over this year…

The Rest…HERE

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