Because of all the leveraged bets, investors have had to sell stocks to keep their heads above water. But with prices in Asia heading lower to begin this week, a global slide in prices is the result.
It is noteworthy that the dollar fell yesterday along with the stock market. We are seeing a rush for liquidity as stocks head lower, but yesterday’s weakness shows that the dollar is losing its position as the currency of choice."
- James Turk via King World News