Our friend the Grizzly is also known as Ursus arctos horribilis.
From ZeroHedge:
Stocks Battered To Black Monday Lows Amid Credit Crash, Biotech Bloodbath, & Commodity Carnage
The epicenter of today's earthquake was Biotech and Corporate Bonds...
Biotechs were bloodbath'd - IBB dropped almost 8% today alone - the biggest drop since August 2011 - testing back to Black Monday lows and now unchanged since October 2014...
This is the longest losing streak for Biotechs since Lehman
Investors should not worry though...
...And of course - Glencore...
...MUCH MORE
