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But …Obama fixed the economy?

Via Bloomberg:

September began where August left off in financial markets, with U.S. stocks suffering losses that rank with the worst of the last 11 months amid fresh signs China’s slowdown is hampering global growth. Gold and Treasuries rallied.

The selloff in risk assets around the world resumed Tuesday after one of the most volatile trading periods since the financial crisis erased $5.7 trillion from the value of global equities last month.

U.S. stocks suffered their second-biggest losses of 2015 after data showed manufacturing expansion slowed amid anemic demand from emerging markets, adding to concern that weakness in China is spreading.

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