Clem Chambers, CEO of financial market website ADVFN, saw this coming. He correctly predicted the China situation earlier this year and said: 'Dow 15,000 here we come' back in January.
What next? Clem says:
"Don't be comforted by the sharp rallies in these markets. This is just the beginning of a correction that will run for weeks. Crashes happen."
FTSE Mondo Visione Exchanges Index:
Clem Chambers: CEO, ADVFN, Market Comment On China Situation
Date 25/08/2015