STOCK DECLINES | China, Europe, USA – Need for Reforms

"If I only had some teeth."

Could the stock market crash in China and today's market declines in Europe and the USA, especially of bank stocks, change the dynamics of the Presidential election?

The Fed is helpless to ease the pain. It can't lower interest rates any more because they are at zero already.

The stock-market decline will shed light on recent hunting for yield – leveraging returns by taking on more debt, that has been under way during the zero-bound-interest-rate era.

It will raise the pressure for financial reform. Senators Bernie Sanders and Elizabeth Warren have an opportunity to remind the nation what is wrong with U.S. financial markets.