“It Feels Like 1997” Warns Art Cashin, “Watch High Yield”

Tuesday, August 25, 2015
By Paul Martin

by Tyler Durden

“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

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