What I'm reading this morning:
- Turnaround Tuesday, Motherf***ers! (Business Insider)
- China gives up on direct stock market intervention (Bloomberg)
- They're going to go back to the old playbook of PBOC rate cuts instead (TRB)
- Guess who made a ton of money yesterday (Wall Street Journal)
- The cruel psychology of the 1,000 point drop (MoneyBeat)
- 10 smart things people said about corrections (Ivanhoff)
- Things people say during a market correction (A Wealth of Common Sense)
- You don't know nothing bout no Black Monday (Streetwise Professor)
- Gerard Minack: markets are now discovering that there is a limit to how far the valuation of risky assets can be lifted by low rates (Business Insider)
- Everyone's talking smack about Risk Parity strategies again. Matt Klein sets us straight (FT Alphaville)
- ICYMI: My little trick for coping with a correction (TRB)
- Start investing with us now - check out Liftoff today! (Liftoff)
