The China Stock Market Collapse: Summarizing The “Black Monday” Carnage So Far
Zero Hedge | 24 August 2015 It’s officially Black Monday, if only in China for now. We warned on Friday, after last week’s China rout, that the market is getting ahead of itself with its expectation of a RRR-cut by China as large as 100 bps. “The risk is that there isn’t one.” We were spot on,…