Asia, Europe, and US Futures Smashed

Nikkei down 6%, Hong Kong down 13%, Shanghai down 6% (-72% from peak). Korea actually up, on 3/4 point rate cut. Japan government mumbling about huge capital injection to prop up stock market, which investors sensibly ignored. (Complete Asia)

Europe markets down 4%-6% at this hour. (Complete Europe)

Oil down to $64.

 

See Also: Stocks For The Long Run

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