earlier this morning, China market plunges 7% and is suspended for the rest of today... second time already in this week
all other markets are badly affected
a very bad start to 2016
looks like the US interest rate hike and hard landing of China economy slowdown will create a global financial storm in 2016
retrenchments and pay freezes, zero bonuses are inevitable during recession
the only good thing is.... COE may crash to 20+k or even lower