A Brief Respite, Then More Pain for Stocks

While major indexes could enjoy a short rebound, S&P thinks the market will head to new lows. Chinese equities could be in for more losses

Last week's market gyrations provided the opportunity for any number of snappy headlines and clever catchphrases: The China Syndrome, Emerging Markets Meltdown, The Return of Volatility, Deep VIXed, Crash and Carry, When China Sneezes U.S. Catches Cold. "What happens in China, doesn't stay in China." You get the idea.

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