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This is a “Crash”?
Friday, August 21, 2015 16:35
% of readers think this story is Fact. Add your two cents.
by Karl Denninger
Market-Ticker.org
There are plenty of people claiming that this week’s action constitutes a market “crash.”
What?
No, this is a modest and reasonably-contained decline.
So far, anyway.
That doesn’t mean we can’t get a crash, but -400 points on the DOW, from a 17,000 level, does not even constitute a 3% move.
Continue Reading at Market-Ticker.org…
Source: http://financialsurvivalnetwork.com/2015/08/this-is-a-crash/?utm_source=rss&utm_medium=rss&utm_campaign=this-is-a-crash
