My goodness, such selling....we just can't have that. What fed official is having it's staff prepare some reassuring remarks.
The remarks won't come until the dow trades around dow 17000-17200. Its clear that she already has remarks ready to go during any severe sell off that lasts more than 3 days or more than 5%. My guess is that she would come out and say no rate hikes until 2016, thats going to be the next headline when the dow is sitting below 17,000......
Last edited: