overnight

Asian stocks are down 2-3%, following the US selloff. They did not take it very well. We should keep in mind that the US is their biggest market. The Japanese yen is a little below 110 (i.e. a rise in value) which is part of the weak dollar story. I think the weak dollar hurts our stock market even if only in a small way. Can't wait to see what tomorrow brings in the stock market.