"Takes My Breath Away"

1-Woke up Monday morning, to see the world markets tanking. Couldn't wait to see the NYSE opening, with all the happy clapping people camped around the opening bronze bell. 2-What happened to "Happy New Year"? 3-Don't believe the Feds raising interest rates a while back, from zero to 0.25% caused the stampede? World wide? 4-I do believe the WH waited to long long before telling the Feds to raise rates. Oh my... correction needed. The Feds are and independent government agent and not answerable to the WH, no matter POTUSA's stripes or sex. 5-I believe what ever China is doing or not doing has the most effect on world markets. Concerns about China and the IMF governors switching the world's currency exchange from the USD to the Chineese's Yuan is unlikely near term. 6-Tighten your seat belts, troubling head winds on the economic radar. 7-The world's glut of crude oil is having it's share in frighting world traders. The Middle East is still pumping at capacity driving world crude oil and gasoline inventories/ prices below $2.00 average/gal.in US and even lower > 2016. 8-It not helping US oil producers, but that's the history of the industry...Feast or Famine.