NEWS
An Urban's Rural View
Urban C. Lehner Editor Emeritus
Mon Aug 24, 2015 06:09 AM CDT

By the time you read this, markets may have calmed down. Then again, they may not have. The scary volatility we've been seeing could well be with us awhile.

Wall Street was down more than 3% Friday and is now 10% off its highs in May. (It was down another 4% Monday). Oil fell 2.5% metals collapsed, and the damage spilled over into cattle and hog prices. The Vix, which measures volatility, rose 46%. Is this the start of something big?

Probably not. A rerun of 2008 doesn't seem to be in the cards. But that doesn't mean the immediate ...

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