Mnuchin Says Market Rout Was "Temporary Correction" As Selloff Worsens
Zero Hedge -

With global stocks locked in their most extreme bout of volatility in at least eight months, and with the situation rapidly deteriorating as US stocks looked set to drop at the open on Thursday, Treasury Secretary Steven Mnuchin is probably finding it difficult to enjoy the beaches and sights of Bali during this week's IMF/World Bank conclave. And after watching in amusement as President Trump brutally scapegoated Fed Chairman Jerome Powell for the selloff, Mnuchin convened a group of reporters...

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