Belmont Club

By Richard Fernandez

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The cloudy crystal ball

August 17, 2009 - 3:10 am - by Richard Fernandez
luddy barsen
2009-08-17 21:12:35

breaking news, Shanghai “A” share index mid session, down 8%, down 16% since late July. This index started the global sell off first leg, back in October 06.

USA VIX closed at 27-ish today –this very influential indicator of worry is flashing ‘concern but not panic’.