The News UNIT

This is my personal arrangement to provide a useful format for discussing and disseminating breaking news and information. Opinions posted here are not necessarily my own. If you are offended by wide open discussions of news, life, politics and religious things, and God's word, kindly get out of here NOW. At times sources quoted here are suspect at best. I try to make sure they are correct, but I do err at times. Comments by readers are theirs alone, I may or may not approve of their opinions.

Friday, January 8, 2016

Mohamed El-Erian explains why the markets are crashing worldwide

This is a repricing to a new volatility paradigm

This is a MARKET REPRICING in action

http://www.cnbc.com/2016/01/08/mohamed-el-erian-this-dwarfs-worries-about-china.html

Maybe this is a good thing: GASOLINE WILL FALL below $1.00/gallon and the cost of living may come down with deflation:

...developing...