THURSDAY 1/7/16; China Stock Market Halted after -7% Crash; Cascading Global Selloff Continues; WTIC and Brent Oil Print 32-Handles; DAX Under 10K; Challenger Job-Cut Report; STZ; FINL; KBH; WBA; European and US Stocks Collapse; Chinese Regulators Cancel Circuit Breakers; INDU and COMPQ in -10% Correction; BBBY; TCS; RT

Asian indexes trade lower out of 





















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 Federal Reserve’s grand near-seven year Keynesian experiment will be deemed a failure if inflation does not occur. Inflation cannot occur without wage inflation.