Thursday, July 9, 2015
One more thing
There was someone on CNBC this morning who didn't seem like an idiot, who was suggesting that the heavy selling of Japan was driven by Chinese panic.
Apparently, with so many stocks halted, they had to cast their eyes far and wide to look for things they could sell, and thus they sold Japan and a whole bunch of other stuff.
I bet yesterday's panic over the "OMG it's a Chinese hack attack on the NYSE" helped dump stocks too.