Middle east markets fallen today too. (Sundays is a working day there)
Well we had an inkling this would happen given the instability in China, the low oil price and a myriad of other factors. I doubt we will be in quite such a bad position as back then, though. But worrying times.
It looks like China is going the way of Japan.
In the wilderness we go alone with our new knowledge and strength.
Big falls everywhere MSFT lost 5.7% and Sony and Nintendo both dropped 8% as well. Could carry on dropping even more.
Michael Armstrong says this is a false move for the NYSE, necessary to bring on new highs.
For everyone else, the fall is real.

I WON A BET AGAINST AZUREN! WOOOOOOOOOOAAAAAAAAHHHHHHHHHHHHHHHHHHH
:3
hmm, that's quite worrying. I'm tempted to buy some stocks for the first time, but I'll wait a few months to see how much more the market falls.
certainly outch but i'd say if you're globally invested and not directly in china, you should be back on a normal level before christmas.
| PDF said: It's a needed pull back in my opinion. I don't believe this is the end of the Bull market. If things are still falling after tuesday I will start to worry some. |
Russian market falls like a brick after Asian ones. Europe too. Dow futures for today are already -3%, and the trades are not even started yet.
Don't panic too much guys. I believe the markets are overreacting. Yes, the Chinese growth is slower than expected, but it's not like the Chinese economy will suddenly get in a recession. It's still a fast growing economy.
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