MONDAY 8/24/15; SSEC Crashes -8.5% in China’s “Black Monday”; Cascading Global Selloff Continues; WTIC Oil Sub 38; Brent Oil Sub 43; US 10-Year Yield Under 2%; Euro Above 1.16; European Stocks Collapse; SPX -10% Correction Territory; US Stocks Mini-Crash

At 7:12 AM Tokyo time Monday morning (6:12 PM EST Sunday evening in the States), US futures are in a bad mood. S&P -11. Dow -101. Nasdaq -29.

At 7:30 AM Tokyo, S&P -14. Dow -136. Nasdaq -33. Taiwan is 













[Text is Redacted: Purchase August 2015-08 to Read the Complete Chronology]





























10-year 2.01%, 30-year 2.73%. The 2-10 spread is 143 bips. The 5-30 spread is 135 bips. Japan 10-year yield 0.358%. German bund 0.592%. The US-German 10-year yield spread is 142 bips.