I think so. G7 Meeting today. These clowns better do something about derivatives or the global economy is screwed. Literally every single derivative class is getting triggered now, and we're leveraged at least 10 to 1 on global assets. meaning the payout could be 10 times the actual wealth in the world. Even if it was 1 to 1, the upheaval and fallout would be many times worse than the great depression.
As I said oil is now sub $80 and this will spill over to the oil stocks forcing those stocks and indices down.