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Cavuto: World Goes Nuts, We Go to Work

 
     

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    On a day the world went nuts...We went to work.

    Welcome, everybody. I'm Neil Cavuto.

    And let's just say, as bad as it was here, it could have been worse.

    Much worse.

    Because things were much, much worse in Asia, and in Europe.

    Fears of recession gripping this great globe.

    Proof of it hitting Great Britain.

    Things contracting there.

    Five trillion dollars worth of value contracted everywhere.

    By the way, that's about what governments the world over have spent to prevent this sort of thing anywhere.

    It didn't work. Today, it didn't come close to working.

    A selling tsunami that drowned 'em all...Then started heading here.

    Leading to the first so called "limit lockdown" in futures trading we've seen in years.

    This circuit breaker was supposed to break the trend....or at least calm it.

    It didn't.

    Stocks whacked at the open...

    But miraculously coming back through the day...

    Kinda.

    Because here's the thing about this day...Actually, 14 days this rocky month.

    Big swings are the norm...Better than 600 point swings almost the rule.

    And nothing Congress proposes seems to calm it.

    Growing signs tonight, maybe....these guys are worsening it.