It’s All Become Such A Frightening Charade
KingWorldNews.com
December 08, 2015
With continued uncertainty in global markets, today two legends in the business sent King World News powerful pieces about the chaos in global markets and how it’s all become such a frightening charade.
December 8 (King World News) – Key portions of today’s note from Art Cashin: “Plunge In Crude And Other Commodities Sink Stocks – Oil went into near freefall Monday morning in a somewhat delayed reaction to Friday’s inaction by OPEC. The effect of oil on stocks was not instant and immediate. In fact, early stock futures looked to a higher opening only to roll over as the opening bell loomed.
Stocks opened lower and continued to recede over the next two hours.
We reached what would turn out to be the day’s lows just as the closing bell was ringing at the European bourses.
Stocks tried to regroup and rally but were only able to pare less than one- third of the day’s losses.
The Rest…HERE
