Good morning. I like this chart, showing the link between recessions and bear markets. Certainly no perfect match…
http://uk.businessinsider.com/sp-500-bear-markets-and-recessions-2015-8

And here we go again: 2015 is just like… 1998!

http://uk.businessinsider.com/goldman-sachs-us-stocks-surging-back-like-1998-china-black-monday2015-8

Which -of course- is pretty dumb thing to say (in Dutch, my column in Het Financieele Dagblad)
http://fd.nl/beurs/1116254/paniek-in-de-tent

The volatility in volatility

http://www.ritholtz.com/blog/2015/08/something-in-china/

More damage… “Questions over Li Keqiang’s future amid China market turmoil”
http://www.ft.com/intl/cms/s/0/15c0be40-4b21-11e5-b558-8a9722977189.html

On why the Chinese stock market correction may be different this time

http://ftalphaville.ft.com/2015/08/25/2138457/why-chinas-stock-market-implosion-might-not-be-very-meaningful/

Sure, you get the best returns in a deep, deep crisis. But are we in a deep, deep crisis, then?

https://www.fidelity.com/viewpoints/investing-ideas/strategies-for-volatile-markets

Ah, a bit on High Yield exposure on Emerging Markets

https://www.bondvigilantes.com/blog/2015/08/25/commodity-carnage-mayhem-exposed-high-yield-markets/

Go Africa! Go!

http://www.economist.com/blogs/graphicdetail/2015/08/daily-chart-10

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