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Monday, August 24, 2015

And Now For the Main Event

Today was just the preview. The nascent Euro and Yen reversals have yet to be "priced in"...

Today gave denialists a chance to cover their shorts limit down, and face the real meltdown unhedged...




U.S. Dow with China:


"There's surprisingly little correlation in performance"


UK FTSE: Monkey hammered back to 1996



German DAX:


Canada


Hong Kong


Aussie: