Market down another 6% today, just the beginning. Look at the global reaction to Tesla and extrapolate from that. The rest of the world is getting hurt, have memories, & spontaneously boycotting US products/services. Valuations have a looong way to drop, it may take some time.
Reposted from
Acyn
Lamont: I think Lutnick is whistling by the graveyard. I think this incredible uncertainty is a drag upon the economy. I think investors have spoken—you see that with the market reaction today. People don’t know if they should invest or not because they don’t know what tomorrow is going to bring.
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