Dumpster-Diving Massive-Short-Squeeze Rescues Stocks From 2014 Ebola Lows

Bob Pisani nailed it today "I'm agnostic about whether to buy or sell today... but I'm not selling"...
Neverthelesss, the World entered a bear market today...
Bob Pisani nailed it today "I'm agnostic about whether to buy or sell today... but I'm not selling"...
Neverthelesss, the World entered a bear market today...
Couldn't have happened to a nicer guy?
Source: Investors.com
Two months ago, long before the WSJ and the NYT wrote nearly identical pieces, we laid out a list of China risk factors which everyone by now is familiar with. These were as follows:
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
This has three extremely negative consequences.
In response to a recent post on the structural decline in the velocity of money, correspondent Mike Fasano described a key dynamic in both the decline of money velocity and the middle class.
Two weeks ago, we reported that even as U.S. lenders were professing to their investors that there is no risks with their energy exposure and that they are comfortably reserved for any potential losses, they were reducing their unfunded (and total) exposure to oil and gas exploration companies due to balance sheet, default and contagion concerns.