Today is definitely going to be one for the 'look-out-below' edition., as futures are off heavily in the pre-opening market.
This is on top of the Nikkei declining more than 7% in overnight trading.
The excuse du jour is weak Chinese manufacturing data and yesterday's comments from Ben Bernanke.
I have my doubts that these are excuses are the only reason the markets are falling, especially to when you are considering the degree of the decline.In any event, I will be watching if any buyers come in on the dip.
This is on top of the Nikkei declining more than 7% in overnight trading.
The excuse du jour is weak Chinese manufacturing data and yesterday's comments from Ben Bernanke.
I have my doubts that these are excuses are the only reason the markets are falling, especially to when you are considering the degree of the decline.In any event, I will be watching if any buyers come in on the dip.
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