Unless There Is A Huge War In Korea, How Will China And The United States Explain The Crash Of Their Stock Markets On Monday?

Saturday, August 22, 2015
By Paul Martin

August 22nd, 2015

That is why something has to happen in Korea this weekend.

Things have been brewing for a while, remember when the New York stock exchange shut down for 4 hours one day after China melted down the night before?

They said it was a technical glitch, but wall street on parade said it was because several Chinese companies were being traded on the exchange but were under review by the SEC. I think a few of them weren’t even supposed to be traded at all, black listed, and yet their stock was selling.

They shut that story up quick.

(URGENT) N. Korea deploys towed artillery to DMZ for apparent attack on S. Korean loudspeakers

Market Meltdown In Progress
This is starting to feel all “2008-ish” again.

I know, I know…these declines have been endlessly rescued by Fed officials and mysterious buying out of nowhere up to now, but this feels bigger and badder than the prior declines.

There’s more volume, and it’s very broad-based, and it’s global.

I guess now we get to find out if the HFT robots really do add the right kind of liquidity or not.

Also, good job on buying up all your equities at the market top (again) corporate America!

Lastly, it looks like oil is making a run for the $30’s here. Three failed attempts to clear $42 have been rejected and it’s now plummeting and at $40.38

The Rest…HERE

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