China sneezed and we all caught a fucking cold.
Nearly $10 trillion was erased from the global stock since June 3.
Today Australia had the worst day in six years.
FTSE 100 lost nearly $80B of value in matter of hours if it stays the same.
Chinese stocks tumbled 8.5%, biggest fall since 2007.
Investors are losing faith in central banks' 2009 road to recovery plan. Even though this plan drove many stocks to record highs, but underlying problems never been solved.
What's next? Should we expect recovery tomorrow? Is the market crash coming? Is it time for all the bubbles to pop?
Wall Street will open in couple hours, should be a fun day!
Nearly $10 trillion was erased from the global stock since June 3.
Today Australia had the worst day in six years.
FTSE 100 lost nearly $80B of value in matter of hours if it stays the same.
Chinese stocks tumbled 8.5%, biggest fall since 2007.
Investors are losing faith in central banks' 2009 road to recovery plan. Even though this plan drove many stocks to record highs, but underlying problems never been solved.
What's next? Should we expect recovery tomorrow? Is the market crash coming? Is it time for all the bubbles to pop?
Wall Street will open in couple hours, should be a fun day!
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