Are US Stocks About To Get Interesting?

Two days into a week that should've been quiet if you forget about the seasonal dearth of liquidity and what that can mean for volatility, markets have impressed on the lively side. "China's Blackstone" is in trouble, the PBoC is panic-cutting, Russia is panic-hiking and tumult in Argentina only adds to the now palpable sense of angst across emerging markets. In the US, the economy is still running too hot for comfort (the Atlanta Fed GDPNow estimate for Q3 is tracking a ridiculous 5%) and that