Quotes as of 08/13/2019 12:43AM PST according to Yahoo Finance. Quotes should not be taken as real time.

Due to severe rioting in Hong Kong a mandatory shut down of the airport was commenced striking fear into growing tensions. Outlook for Asia shares look gloomy at best. However, since the devaluing of the Yaun by China, it would not be unlikely to see a rise in marketable securities due to a shift from cash to assets as a store of value.

Currently the Dow 30 futures have fallen -0.22%.

The S&P 500 futures are down -0.21% along with the NASDAQ futures down -0.32%

S&P 500 VIX settled from Mondays spike of +7.33% indicating fear and uncertainty and is currently down -0.28% citing some relief to investors.

The China A50 futures have fallen -0.10%

China H-shares futures are down -0.90%.

The Hang Seng is currently showing a loss of -2.20%. We are currently retesting levels we’ve seen in October of 2018.

Europe futures on the Euro Stoxx 40 are down slightly at -0.15%

The Japanese Nikkei 225 and TOPIX are both slightly red.

Nikkei 225 futures down -0.29% and the TOPIX futures down -0.84%.

CAC 40 futures are down -0.37%

Claims by Morgan Stanley are that we’re entering a “cyclical bear market” as the trend has no longer been steady upwards.

The market also is currently reflecting 25% chance that a larger than 50bp rate cut is likely for next month. A 1/4 point rate cut is presumed for this September 18th.

Disclaimer: This is not financial advice, I am not a financial adviser. I hold no positions in the S&P nor volatility index.