Stock Market Volatility and The Little Guy
About six weeks ago, even those of us who are barely paying attention started to hear ominous reports out of China. The stock markets in the world’s second largest economy had taken a turn for the worse and were shedding value to an alarming degree – 7% one day, 8% another, to the tune of a whopping 35% by the time Black Tuesday rolled around. This occurred despite continual action on the part of the Chinese government since May to shore them back up or at least stop the bleeding. Market turbulence had set in and the central banks of that country seemed powerless to stop it. Watching all this from half a world away, the big question on everyone’s mind became: when is this going to hit us? On August 21, 2015, it did.











