MARKETS COLLAPSE -- AGAIN

Today better be the worst of it, otherwise Doug Kass’ prediction that this week would see the bottom won’t pan out. After yesterday’s rally, stocks were destroyed, again today. Citigroup became a penny stock, while many other financials traded as though they’re about to get a visit from Sheila Bair.

Does anyone feel like this is the bottom?

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.