CNN Anthony Bourdain Parts Unknown August 25, 2015 01:02:00
What had investors scared? >> china. whether the chinese situation. we have known it has been dodgy. but is it much worse than we thought. is china's growth that much worse. it was a classic case. absolutely classic. where it only took one person to shout "fire." and everybody headed for the door. >> was it justified? was this a correction needed? i heard some people saying the market needed to correct. >> you have two markets. on the u.s. market did need a correction. four since a good 10% sustained correction. we are not just talking of a dip and up. the market comes down. regroups. and then...
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