Mind The Dead Cat Bounce: Nothing Goes To Heck In A Straight Line

Quest Post By Wolf Richter Stocks are down ferociously at midday today (Friday Jan. 21), with the S&P 500 Index down 3.8%, the Dow Industrial Average down 2.7% and the Nasdaq Composite down 4.5%. This follows a large-scale and widespread and relentless selloff that for the Dow and the S&P 500 started on the second […]
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