“It Feels Like 1997” Warns Art Cashin, “Watch High Yield”
by Tyler Durden
ZeroHedge.com
08/25/2015
“It’s not necessarily out of control yet. But if they do not provide some stability pretty soon it will begin to affect not only the markets over there, but – as we saw today and somewhat last week – it affects markets all around the world. Financial Markets are correlated. We learned that back in 2008 When the fall of Lehman spread all around the globe.”
The Rest…HERE