Thread regarding Qualcomm Inc. layoffs

“The current panic is essentially ‘made in China,’” Julian Jessop, chief global economist at Capital Economics, wrote

http://www.businessinsider.com/the-upside-to-black-monday-2015-8

None of that is to suggest that the Chinese, U.S. or global economies will all just sail ahead without any additional turbulence. But the intensity of the market’s recent moves may be misleading if read as an economic forecast.

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Sounds like a fed apologist. Nothing about the unprecedented credit expansion and ZIRP policy led to this downturn. Nope. nothing at all. At least he resurrects the "low gas prices are good" meme. Hey even SM mentioned that when he got interviewed by money honey bartiromo

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