Global Financial Chaos

Good morning. With stocks headed for their worst weekly drop since 1933, markets around the world are crashing.

Not only do we have trading halts in several countries, but those which are open are under significant sell pressure and are posting huge losses. Meanwhile, the U.S. government is considering new measures to restore confidence including insuring all bank deposits.

However, credit markets remain extremely tight, economic fears rule, and all in all, things could not look worse. In fact, that's probably also the only good news we have is that things couldn't look any worse that what we're seeing right here, right now. We have far more than just blood flowing in the streets....[READ]