Current Events-Francis(False Prophet)

http://www.msn.com/en-us/movies/celebrity/dicaprio-greets-pope-in-italian-discusses-environment/ar-BBoOTyS

VATICAN CITY (AP) — Actor Leonardo DiCaprio greeted Pope Francis at the Vatican Thursday, discussed their shared concern over the environment and gave the pontiff a check from his charitable foundation.

"Your Holiness, thank you for granting me this private audience with you," DiCaprio said in Italian as he arrived in the Apostolic Palace and kissed the pope's ring.

They are all flocking to Francis.

Current Events-

http://www.msn.com/en-us/news/politics/most-americans-think-hillary-clinton-is-going-to-be-the-next-president/ar-BBoOuYU

The majority of Americans think Hillary Clinton is going to win the presidential election in November, according to a new ABC News/Washington Post poll.

If there is an election...this may turn out to be true even if the vast majority of the American electorate/populace is in a complete daze.

Current Events-BO

http://www.msn.com/en-us/news/politics/obama%e2%80%99s-not-interested-in-a-supreme-court-appointment-white-house-says/ar-BBoPjwE

President Obama is not interested in sitting on the Supreme Court once he leaves office, White House press secretary Josh Earnest said Thursday.

LOL. He is interested in world presidency.

Current Events-Economic Emergencies

http://www.msn.com/en-us/news/world/frances-hollande-sets-out-plan-to-tackle-economic-emergency/ar-BBomyxP?ocid=spartanntp

President Francois Hollande pledged Monday to spend more than 2.0 billion euros ($2.2 billion) on tackling France's "state of economic emergency".

LOL. Following the steps of....VENEZUELA???

Current Events-Oil

http://www.msn.com/en-us/money/markets/why-cheap-oil-is-not-an-economic-blessing/ar-BBoqW0M?ocid=spartandhp

Why is cheap oil not an economic blessing?

Current Events-Stock Market

http://www.cnbc.com/2016/01/20/us-markets.html?__source=msn%7Cmoney%7Cheadline%7Cstory%7C&par=msn
Stock Market volatility continues.

Current Events-Oil

http://www.cnbc.com/2016/01/19/oil-prices-fall-further-on-glut-worries-us-crude-slumps-below-28.html

U.S. oil prices crashed below $27 dollars a barrel on Wednesday for the first time since 2003, caught in a broad slump across world financial markets with traders also worried that the crude supply glut could last longer.

What does this mean?? I mean, they are calling for oil at less than $16 a barrel.

Current Events-US/World Economy

http://www.cnbc.com/2016/01/15/a-recession-worse-than-2008-is-coming-commentary.html

The S&P 500 has begun 2016 with its worst performance ever. This has prompted Wall Street apologists to come out in full force and try to explain why the chaos in global currencies and equities will not be a repeat of 2008. Nor do they want investors to believe this environment is commensurate with the dot-com bubble bursting. They claim the current turmoil in China is not even comparable to the 1997 Asian debt crisis. 

Indeed, the unscrupulous individuals that dominate financial institutions and governments seldom predict a down-tick on Wall Street, so don't expect them to warn of the impending global recession and market mayhem.

But a recession has occurred in the U.S. about every five years, on average, since the end of WWII; and it has been seven years since the last one — we are overdue. 

Therefore, expect more stress on multinational corporate earnings as global growth continues to slow. But the debt debacle in China is not the primary catalyst for the next recession in the United States. It is the fact that equity prices and real estate values can no longer be supported by incomes and GDP. And now that the Federal Reserve'squantitative easing and zero interest-rate policy have ended, these asset prices are succumbing to the gravitational forces of deflation.

CNBC is posting this??

Current Events-World Economy(China)

http://www.msn.com/en-us/money/markets/whats-really-behind-chinas-dollar1-trillion-money-exodus/ar-BBoLfr0

Last year, it spent a big chunk of the county’s foreign-exchange reserves to prop up the yuan. State-media have warned speculators, including billionaire investor George Soros, to back off and not short-sell the currency.

And yet the yuan keeps falling -- hitting a five-year low earlier this month and taking its drop over the past year to more than 5 percent. The PBOC doesn’t act with complete independence and sometimes bends to the will of the government, where some officials might be tempted to boost the export sector by guiding the currency down further.

China has called for a new reserve currency. And it has enough leverage to make that happen. Will it?

Current Events-Dollar increasing

http://www.msn.com/en-us/money/markets/the-dollar-keeps-rising-for-good-or-evil/ar-BBoJUq2

The dollar’s rise, which started virtually the day Professor Feldstein made his prediction in 2011, shows little sign of abating. It amounts to only the third instance of such consistent appreciation since Richard Nixon took the United States off the gold standard in 1971.

What goes up....must come down.

Policy makers in developing countries can remember the last two times the dollar went through periods of sharp appreciation. There was the first half of the 1980s, when Latin America fell into what is remembered today as the “lost decade,” and the second half of the 1990s, when much of Asia ended up underwater. The memories aren’t pleasant.

I know...I was there.

Words of encouragement

I would like to share the following words of encouragement. And a big thanks to big Nate, the man who composed it...

Stay strong brother.

                                        
                                                              Seasonal Unrest
                                                                 

                                                              By Nate Peavy

Truly, the recent snowfall has been great and anxieties are understandably present

Caught in the windstorms of life too, can cause to be unpleasant..

Seasonal unrest, has made many of us unstable and topsy turvvy
And its a struggle getting recalibrated back on the road of our journey.

The roads are still being plowed, as snow is being removed.
And for those of us receiving this poem, I pray each of us be soothed.

Be wooed by the Presence of God, even in the midst of the storm and travail.
Even when we are confined to our homes, like being in jail

The blizzard of 2016, had a name and its name was called "Jonas"
But we are still here and in time, each of us will triumph over this.

Praying that in this sea-son, we not forget or ignore, but see, the Son
In His seasonal unrest he was not comforted but tasted death for everyone.

And He endured the blizzard of the cross so that we could taste the sunshine of Spring
And eventually this will all come to an End as Jesus reigns as Lord and REIGNS as King

Even so, come Lord Jesus Come, amen.

AND AMEN! COME LORD JESUS!

Current Events-Pestilences

http://www.usatoday.com/story/news/2016/01/27/usa-needs-prepare-zika-virus/79398622/

U.S. public health officials must prepare now for the inevitable arrival of Zika virus, a mosquito-borne infection that has spread to 22 countries and territories in the Americas and poses particular danger to pregnant women, health experts said.

Current Events-Pestilences

http://www.newser.com/story/219514/zika-virus-will-spread-across-much-of-the-americas-who.html

(NEWSER) – The mosquito-borne Zika virus, believed to be causing a dangerous neurological condition in babies born to mothers who were infected with the virus while pregnant, will likely spread to almost every country in the Americas, WHO warns in a new statement. "Aedes mosquitoes—the main vector for Zika transmission—are present in all the region's countries except Canada and continental Chile," the statement reads. It goes on to explain that many people in South, Central, and North America haven't been exposed to the virus before and thus don't have immunity, so the virus is spreading quickly, CNN reports.

Since Brazil reported its first local cases in May, 21 countries and territories in the Americas have seen cases of Zika, and the CDC is recommending that pregnant women avoid traveling to Bolivia, Brazil, Cape Verde, Colombia, Ecuador, El Salvador, French Guiana, Guadeloupe, Guatemala, Guyana, Haiti, Honduras, Martinique, Mexico, Panama, Paraguay, Saint Martin, Suriname, Samoa, Venezuela, and Puerto Rico. Three British travelers to Colombia, Suriname, and Guyana have recently been infected with the virus, and a baby born in Hawaii has brain damage related to the virus.

Current Events-Iran

http://www.usatoday.com/story/news/world/2016/01/26/iranian-president-tours-europea-sign-big-trade-deals/79339580/

ROME — Iranian President Hassan Rouhanilaunched a European visit this week to return his country to the international community and sign lucrative business deals now that international sanctions on Iran have been lifted.

Rouhani's first stop is Italy, where he met with Pope Francis and Italian Prime Minister Matteo Renzi, and signed trade deals worth at least $18 billion. It is the first visit between a pope and an Iranian leader in 16 years.

LOL. Wow, people really are flocking to Francis. He must be a cool guy! 

Current Events-State of Emergency (Pacifica, CA)

http://www.usatoday.com/story/news/nation-now/2016/01/26/california-pacifica-homes-evacuation-sea/79337338/

Some cliff side residents in Pacifica, Calif., are being forced to leave their homes as the ground outside their backdoors falls into the sea.

The city declared a state of emergency last week amid concerns that streets and some homes were at risk due to erosion, according to a statement.

“El Nino is hitting the city’s coastline very hard and creating almost daily reports of impacts to both public and private property,” city Manager Lorie Tinfow said in a statement. 

I'll start keeping track of "State of Emergency" articles. 

Current Events-Crazy stuff

http://www.usatoday.com/story/news/2016/01/26/all-adults-screened-for-depression/79347926/

Primary care physicians should screen all adults, including older adults and pregnant women and new mothers, for depression, the U.S. Preventive Services Task Force recommended on Tuesday.

Gee...the government is so caring. First, they force you to buy insurance then they want to know if you're depressed. 

Current Events-BO

http://www.usatoday.com/story/news/politics/onpolitics/2016/01/25/barack-obama-politico-donald-trump-ted-cruz-hillary-clinton-bernie-sanders/79289506/

"It will be interesting to watch, during the course of this campaign, whether or not Republican voters steer back towards the center," Obama said.

It will be interesting to watch what kind of event will make these campaigns obsolete and lead you into a third term...

Current Events-The black flags

http://www.economist.com/news/middle-east-and-africa/21688778-israel-faces-caliphate-syria-and-sinaiand-possibly-home-islamic

Title of this piece:

The caliphate eyes the Holy Land

And they are bringing the black flags with them!

Pray for Jerusalem.

Current Events-World Economy

https://finance.yahoo.com/news/christine-lagarde--recent-market-turmoil-is-manageable-160408513.html#

Stronger downside risks, including China’s change of growth model, lower commodity prices, and “asynchronous” monetary policy around the world prompted the International Monetary Fund (IMF) to lower its global growth outlook, IMF Managing Director Christine Lagarde told Yahoo Finance editor-in-chief Andy Serwer at the World Economic Forum in Davos, Switzerland.

The IMF pared its global growth forecast to 3.4% in 2016, a decline of 0.2% from the agency’s prior estimate in October. Lagarde warned of consequences as the world faces weaker growth.

“There will be fewer jobs created around the world, and there will be countries that will struggle, particularly those suffering from the double downside risks, which is the trade relationship with China slowing down a bit and lower commodity prices,” said Lagarde. “This will affect some of the emerging market economies and low income countries that are vastly commodity export dependent.”

A collapse of the world economy wouldn't signal the end of the world. It would just mean that there would be a new world economy. What this new world economy would consist of, is the question...

Current Events-World Economy

http://www.usatoday.com/story/money/2016/01/21/davos-2016-highlights/79103472/

Leaders in fields including politics and business have gathered in Europe’s highest town to discuss pressing global issues including this year’s theme “Mastering the Fourth Industrial Revolution.”



This guy. It looks like he just saw the light...

Current Events-US B of A

http://news.yahoo.com/us-pay-iran-1-7-bn-debt-interest-160942074.html

Washington (AFP) - The United States is to repay Iran a $400 million debt and $1.3 billion in interest dating to the Islamic revolution, Secretary of State John Kerry said Sunday.

Coincidentally, after Iran released American detainees and after the Iran nuclear accord.

I mean, what is this? The United States is now a bank/court mix? Or is this how you re-distribute wealth? 

A question or questions regarding Ishmael....

What exactly do all these killings (Cop in Philly, Paris attacks, Burkina Faso, San Bernardino) done in the name of Islam mean?

And why is the media defending Islam, the religion, suggesting that these are isolated events done by people who aren't muslim?

Is Islam going to take over the world?

How come everyone is quick to defend the Muslim refugees who assaulted German women on German soil on New Years Eve?

Current Events-World Economy

http://www.msn.com/en-us/news/world/venezuela-president-decrees-economic-emergency-in-showdown/ar-BBofdoA?ocid=spartandhp

Venezuela's President Nicolas Maduro decreed a two-month state of "economic emergency" Friday, seizing the initiative ahead of a key showdown in his standoff with the opposition in the oil-rich nation.

Decreed an ECONOMIC "EMERGENCY"? Hmm....sounds like something BO may do himself.

Current Events-Stock Markets

http://www.usatoday.com/story/money/markets/2016/01/15/gone-stocks-rob-15t-investors-year/78845082/

The stock market rout is starting to get really expensive — destroying $2.3 trillion from the market's top last year and $1.5 trillion in net wealth just this year.

http://www.usatoday.com/story/money/markets/2016/01/15/chinese-stocks-enter-bear-market/78835704/

And this is just the beginning....

1/15/16

http://www.msn.com/en-us/money/markets/dow-closes-down-more-than-350-points-after-volatile-session/ar-CCucq9?ocid=spartandhp

Current Events-World Economy

http://news.yahoo.com/world-could-face-economic-crisis-chinese-diplomat-054453894--finance.html

Beijing (AFP) - China's top diplomat warned on Thursday that a new global financial crisis was possible as markets suffer a painful rout at the start of the year, partly over fears of turmoil in the world's second largest economy.

Current Events-Economy/Oil and Energy crisis

http://money.cnn.com/2015/12/10/investing/oil-prices-bond-defaults/

Energy companies that loaded up on debt during the oil boom are likely to have trouble paying back those loans. Oil prices have collapsed over 65% since the middle of last year to below $37 a barrel this week and there's no recovery in sight.

http://www.msn.com/en-us/money/markets/sell-everything-ahead-of-stock-market-crash-say-rbs-economists/ar-CCqLYI?ocid=spartandhp

Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 a barrel, economists at the Royal Bank of Scotland have warned.

In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.” It said the current situation was reminiscent of 2008, when the collapse of the Lehman Brothers investment bank led to the global financial crisis. This time China could be the crisis point.

Oil prices have also fallen sharply on fears of lower demand and a supply glut, especially with Iran due to start exporting once more when sanctions are lifted. Tensions between Iran and Saudia Arabia make it less likely that Opec can agree to cut production to halt the slide in prices. Brent crude is down another 1% at $31.18, its lowest level since April 2004.

CLEARLY....THERE IS AN OIL/ENERGY CRISIS WORLDWIDE.

What event....

...or combination of events, will propel BO to a third term or new world order presidency?

Current Events-Wars and rumors of war

http://www.usatoday.com/story/news/nation-now/2016/01/09/video-shows-iranian-rockets-launched-near-us-carrier/78562494/

The U.S. military released a video Saturday showing what it says is an Iranian military vesselfiring several unguided rockets near the aircraft carrier USS Harry S. Truman and other warships and commercial craft.

Iran dismissed the U.S. claim as "psychological warfare" against the Islamic Republic.

And this after Saudi Arabia executed an Iranian shiite cleric.

http://www.reuters.com/article/us-saudi-iran-idUSKCN0UN0KP20160109

A reminder...Saudi Arabia and the United States are close allies.

Current Events-Chinese markets sliding

http://www.usatoday.com/story/money/markets/2016/01/06/china-stocks/78390650/

The turmoil rocking global markets in the new year looked likely to continue Thursday, after trading in China was halted today following another huge stock plunge.

The halt was the second this week for China's stock market as worries continued over its economy -- the second biggest behind the U.S. -- and North Korea's reported hydrogen bomb test.

Chinese stock exchanges closed early Thursday after the CSI 300 Index dropped more than 7%. The slide came after China's central bank lowered the yuan's daily reference rate by the most since last summer.The news out of North Korea rattled investors around the globe. The latest geopolitical flare-up in an increasingly volatile world prompted investors to sell stocks and reduce risk.

"We are just three days into the year and already global event risk is dominating the financial market landscape everywhere," David Rosenberg, chief economist and stratetist at Gluskin Sheff said in a research note.

Will 2016 be the year where the world economy collapses? Will we have digital currency by year's end? What about a new reserve currency?

ONLY TIME WILL TELL...

Current Events-Ishmael's ruckus

http://www.msn.com/en-us/money/markets/dow-plunges-more-than-400-points-after-china-market-rout/ar-AAgkQZ1?ocid=spartandhp

Saudi Arabia, the world's biggest oil exporter, cut diplomatic ties with Iran on Sunday in response to the storming of its embassy in Tehran. The protest followed Saudi Arabia's execution of a prominent Shiite cleric.

Current Events-World Economy

http://www.usatoday.com/story/money/markets/2016/01/04/dow-tumbles-300-points-pre-market-after-china-rout/78250234/

Will 2016 be the year when the world economy crashes? The markets won't tell the whole story....but this is not a good start.

Current Events-BO

http://www.usatoday.com/story/news/politics/onpolitics/2015/12/28/obama-donald-trump-gallup-poll-most-admired-man/77967868/

Once again, President Obama tops the annual Gallup Poll for most admired man, although this year an intriguing pair is tied for second.

Donald Trump and Pope Francis both finished with 5% of respondents who named them their most admired man, well behind Obama's 17%.

LOL....BO? The most admired man? 2016 is gonna be an interesting year...to say the least. Will something extraordinary take place that would give him a third term?

Current Events-National Debt

http://www.usatoday.com/story/money/markets/2015/12/28/debt-distress-level-recession/77882786/

The Federal Reserve this month took interest rates up for the first time in nearly a decade - ending the days of free money. It might take a few years for higher rates to hit companies - as they look to refinance debt. But the troubling part is many companies aren't in great shape to eat the higher costs.

Many are actually putting a date on the beginning of the end for the Dollar...

Current Events-China beef

http://www.usatoday.com/story/news/world/2015/12/19/china-us-pentagon-b-52-flights/77623774/

China called on the United States to end "provocative" military actions Saturday after two B-52 bombers flew near islands in the South China Sea that Beijing claims it owns.

Just a thought....

So If BO is indeed the Mahdi...would he not bring muslims to where hes at?

Paris climate accord is a 'turning point for the world'...

http://www.usatoday.com/story/news/politics/2015/12/12/paris-climate-accord-turning-point-world-obama-says/77218562/

Wealth re-distribution.

Current Events-Heavenly bodies

http://www.usatoday.com/story/news/nation-now/2015/10/21/asteroid-halloween-flyby-earth-unusually-fast/74316108/

A massive asteroid will hurtle by Earth on Oct. 31, at "unusually" high speeds, according to scientists.

Not wormwood...but something like that can always disrupt the powergrid.

God says...

Here. I have an offer.

Worship me.

Then man, takes a lifetime to decipher whether to accept such an Offer.

And some never even ponder the mere "possibility."

Current Events-Israeli violence

http://www.usatoday.com/story/news/world/2015/10/16/palestinians-torch-josephs-tomb-ahead-rage-day/74037420/

Palestinians late Thursday set fire to a religious site in the West Bank revered by some Jews as the tomb of biblical patriarch Joseph.

Stuff is heating up...how soon before it boils over?

Meanwhile, Russia is in Syria. 

EZEKIEL 38?

Current Events-Surrounding Israel

http://www.usatoday.com/story/news/world/2015/10/07/us-plane-syria-forced-avoid-russian-aircraft/73545664/

So Russia is now in Syria....and thus closer to Israel. If Russia, which is an Iranian ally, attacks Israel, then what??

***UPDATE***

http://www.usatoday.com/story/news/world/2015/10/08/report-iran-pushed-russia-intervene-syria-iraq/73565592/

Current Events-Jerusalem

http://www.usatoday.com/story/news/2015/09/13/jerusalem-clashes-rosh-hashanah/72200796/

Israeli police stormed the Al-Aqsa mosque in Jerusalem Sunday morning to clear Muslim stone throwers who had taken refuge in the compound amid allegations they planned to disrupt Jewish worshipers on the eve of the Jewish new year.

Current Events-Chinese vessels

http://www.valuewalk.com/2015/09/china-warships-approach-u-s-bering-sea/

What particularly caused concern about the behavior of the Chinese vessels was, firstly, the fact that they came within 12 nautical miles of the United States coast. 

Pentagon officials indeed confirmed that five Chinese navy ships had passed through United States territorial waters as they transited the Aleutian Islands. And this has unquestionably generated headlines in many quarters. But it is important to emphasize that the ships had also completely complied with international law.

Nonetheless, analysts are assessing this incident as a significant chapter in the ongoing diplomatic, economic and covert military battle between the United States and China. The Chinese authorities have long objected to the United States transiting vessels in its territorial waters, or indeed operating in international waters just outside the limits of China. In this context, this latest incident could be seen as very much a retaliatory effort from the Chinese.

Certainly there has been no effort to deny the incident on the behalf of the Chinese authorities. The Chinese defense ministry has confirmed that navy ships had sailed to the Bering Sea for training after joint exercises with Russia, but that the activity was completely routine and certainly not aimed at any particular nation.

"you will hear of wars and rumours of wars"...

Current Events-Stock Market

http://www.usatoday.com/story/money/markets/2015/09/01/wall-street-braces--stormy-september--dow-down-300-points--weak-china-data/71503236/

New month, same old negative, scary, correction-like price action on Wall Street as the Dow plunged 470 points on the first trading day of September.

The volatility continues...

Current Events-Credit cards and chips

http://www.usatoday.com/story/money/columnist/tompor/2015/08/28/new-chip-credit-cards-way-heres-what-consumers-need-know/71337580/

Techies are calling the upcoming shift in how we will use our credit cards at the store something like "dip the chip."

It's not a bad way of explaining things. Instead of swiping our plastic, we'll be able to slide or dip our chip-equipped credit cards at chip-enabled terminals at the register. You might see the new way of doing things as soon as the next time you shop at Target or another big retailer.

Ye. Let's start getting people used to "chips". Maybe one day we can just put it ON them.

2.  What happens if I don't get a new chip card soon?

"Nothing really," said Gerri Detweiler, at Credit.com.

LOL. Amazing.

Current Events-The Markets

http://www.usatoday.com/story/money/markets/2015/08/28/stocks-friday/71292112/

Stocks dropped in early trading Friday as Wall Street gets set to close out a turbulent week that saw the major indexes swing dramatically and fall into official correction territory for the first time since 2011.

The up-and-down swing should continue for a while...

Current Events-Markets

http://www.usatoday.com/story/money/markets/2015/08/27/dow-rebound-gains-speed--wall-street--fear-subsides/32466145/

Stocks surged again Thursday as Wall Street builds on the Dow's historic rally Wednesday as order is restored to the U.S. stock market following its first dip into correction territory in four years.

Stock Market volatility is akin to a car fishtailing. Sooner or later, it will crash.

Also:

Also driving the bullish price action today on Wall Street was "news that the Chinese government was directly buying equities in addition to making liquidity injections into the banking system," according to a report from Bespoke Investment Group. The government support helped the Shanghai composite index reverse losses late in the day and finish up more than 5%.

So the Chinese govt is pumping money directly into their markets. I wonder if the US govt does the same...

Current Events-The Markets

http://www.usatoday.com/story/money/markets/2015/08/25/stocks-tuesday/32317511/

Stocks jumped about 2% at the open Tuesday as Wall Street rebounded from Monday's 588-point drop in the Dow in a stock market rout that sent all the major indexes into official correction territory.

On other, more important news:

The People's Bank of China said the rate for a one-year loan will be cut 0.25 percentage point to 4.6% and the one-year rate for deposits will fall to 1.75%. The central bank also lowered the amount of crash reserves Chinese banks are required to hold.

Yes. A major US newspaper with writers who graduated from top-notch schools misspell CASH. Instead, they put CRASH.

The announcement was made after the close of Chinese and other Asian markets, which were volatile Tuesday as Chinese stocks plunged again and Tokyo markets also fell sharply after earlier rebounding. The Shanghai composite index declined 7.6% to 2,964.97. The index is now below the psychologically important 3,000 level.

At least YAHOO! made the news a headline:

China cuts rates, reserve ratio after stocks plummet again

http://finance.yahoo.com/news/china-stocks-fall-again-beijing-041447524.html

Current Events-World Markets

http://g1.globo.com/economia/mercados/noticia/2015/08/bovespa-240815.html

Markets throughout the world in disarray...

The Dollar bubble

So we find ourselves in the midst of a semi-stock market crash precipitated by moves the Chinese are making, namely, the devaluation of the Yuan.

It has become obviously clear that the US and China are clearly pegged together, at least for the time being, and what happens to China happens in the US and the rest of the world.

The chinese have manipulated their currency, and as a result, the following has occurred:

#1-August 9, 2015- China has reduced its holdings of US Treasuries by about $180 billion...and yet Bloomberg chooses to indicate that the demand for US treasuries is still "robust"...

Why would China make such a move?

https://www.youtube.com/watch?v=Kl4D84YqTTY&index=196&list=PLE6FD224009596635

Current Events-The Markets

http://www.usatoday.com/story/money/markets/2015/08/24/stocks-monday/32254435/

NEW YORK —Stocks plunged at the open as the market bloodbath showed no signs of letting up with the Dow tumbling as much as 1,089 points in the opening minutes of trading.

The Standard & Poor's 500 index plunged 4.4% as the broad-based index joined the Dow in correction territory, a drop of 10% or more from its recent high. The Nasdaq composite index dropped 5% and also fell into a correction.

Market anxiety is on the rise after a big sell-off in China overnight, where the Shanghai composite index shed 8.5%, its biggest one-day decline since 2007 — and Chinese media were dubbing the selloff "Black Monday." The global stock rout then moved to Europe where major indexes there are off roughly 5%.

It goes to show....that China is indeed in control.

In other news NOT reported by USAToday:

http://finance.yahoo.com/news/nyse-invokes-rule-48-market-130238430.html

NEW YORK, (Reuters) - The New York Stock Exchange invoked Rule 48 on Monday in an effort to speed up and smooth trading at the market open, as exceptionally high volatility is expected.