Continued uncertainty over economic growth in China and a soaring U.S. dollar have sent currencies, commodities and emerging market stocks into a downward spiral.
The EEM, the ETF that tracks emerging markets, is down 13 percent this year, while the S&P 500 is roughly flat.
Meanwhile, economically sensitive copper, gold and crude oil are trading near their respective six year, three-month and year lows.
And the Federal Reserve points its fingers toward a possible December rate hike.
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