what will we call monday after dow falls 300+, page-64

The jump in volatility and retreat in stock prices are temporary because the global economy remains healthy, according to Andrew Wilkinson, the Greenwich, Connecticut-based chief market analyst at Interactive Brokers LLC.

“People do not expect this to last across time and I would expect volatility to subside in the weeks ahead,” Wilkinson said in a phone interview. “There’s a belief Argentina is in a basket of its own and I wonder how sustained the move down in stocks is going to be.”

DOW futures now -23
ASX futures now -40, "A Rise" from -70