- May 28, 2007
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Hate to distract everyone from the really serious issues like where an email server was located three years ago, but just wanted to point out that financial markets are in perhaps the worst tailspin since the financial meltdown of '08/'09.
Seems like China sparked it with their devaluation and the growing acceptance that their GDP numbers are likely garbage, energy prices were already depressed and China worries have sent them to their lowest levels in about six years.
Kind of hard to imagine the Fed raising rates in this environment, but we'll see.
Seems like China sparked it with their devaluation and the growing acceptance that their GDP numbers are likely garbage, energy prices were already depressed and China worries have sent them to their lowest levels in about six years.
Kind of hard to imagine the Fed raising rates in this environment, but we'll see.