SPDR S&P 500 (SPY): China fired a financial warning shot whe...

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Re: loanwolf post# 171194

Sunday, 12/13/2015 8:12:37 PM

Sunday, December 13, 2015 8:12:37 PM

China fired a financial warning shot when Uncle Mao devalued the RMB. Not sure what we should imply from the warning.

If our market tanks this month it will not be the norm for a December market. However, when it does finally go tits up expect a big terrorist attack to magically occur as a distraction for Joe 4-pack (he can't afford a 6-pack any more).

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