Xinhua news agency reported on Tuesday on Yao Yudong, head of the financial research institution of the People's Bank of China.
He says expectations that the Federal Reserve would raise interest rates next month was to blame for the recent global market volatility
-
I have two responses ...
1. Yeah right ... a quarter of one percent rate hike from 6 (or whatever it is) years at zero is to blame. Sure it is dude ...
2. I really want to post this pic, but I posted it yesterday and I do post it way too much. So, I'll refrain. But is just such a great pic ...