Below is a chart and excerpt from today's Early Look written by CEO Keith McCullough. 

Do you know what’s going on in Pesos or Yuan terms this morning? Do you live in Argentina or China? The Chinese Yuan has collapsed to its lowest level since the GFC in 2008 this morning. Did you see what happened to Chinese stocks overnight?

While the Hang Seng getting hammered for another -6.4% decline overnight (crashing -15.4% in the last month alone) may not be enough SIGNAL for the dude who’s still hoping for another article from an American guy named Nick, it is for us. 

CHART OF THE DAY: The Chinese Yuan Hits Lowest Levels Since 2008 - k1