BNPP IP: “Something in China”

The last week of August 2015 started with a bloodbath in global equities as the carryover from ongoing Chinese negative economic news and stock declines caused near-panic selling around the globe, with the US Dow Jones down over a thousand points around the opening bell (about 6.6%). Good explanations for the sudden plunge in US equities were tenuous. The best one could say was “Something in China*”.

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“Something in China”