Happy New Year: Global Stocks Crash After China Is Halted Limit Down In Worst Start To Year In History

(Before It's News)

from Zero Hedge

It all started off relatively well: oil and US equity futures were buoyant on hopes Iran and Saudi Arabia would break out in a bloody conflict any minute boosting the net worth of shareholders of the military industrial complex, and then, out of nowhere, like a depressed China in a bull shop, the “mainland” crashed the party following a terrible manufacturing PMI report, which sent Chinese stocks sliding slowly at first, then very fast.

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