This is all just decreases in stock index futures over intense fears of a China stock unload. Just look at the CBOE Volatility Index (VIX), considered the best gauge of fear in the market. It leaped above 50 for the first time since February 2009.
Anyone who was paying attention to the economic situation in China right now coupled with the sharp decline in oil prices thanks to the extra barrels hitting the market (via sanctions being removed from Iran) saw this coming. Investors have been preparing for it for weeks. Calm down, everything will be fine.
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Cleric/Shaman/Paladin/Rogue <BDA>
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08-24-2015, 10:34 AM
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