The Werewolf

There was this guy from Rangoon

Who loved to bay at the moon.

His fangs were a beaut!

His body, hirsute,

Which made the she-wolves swoon.

The Trigger?

I have pointed out in the past as to how the Shanghai stock market has been quite frothy of late and might presage a general collapse of world bourses like what happened in 2008 ... see: The Next Bubble. Now this Chinese stock market has declined 15.2% in the last five trading days ... see the chart below:

To me this may be a disconcerting trigger to corrections in similar markets around the world ... particularly if this swoon continues in Shanghai for the rest of this week. I haven't yet liquidated my investments ... but I am sorely tempted.