What is it about early August? The middle of summer doesn't seem like it would be the most likely part of the calendar to keep producing let's call it market volatility. It can't be random coincidence since the frequency defies any such notion. There was 2015 and the big CNY surprise; 2011 with Europe's banks at the brink; in 2008 the forces that would lead to a September filled with Lehman, AIG, and Wachovia were unleashed during the month before; and the original, August 9, 2007.
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