This week’s action shows just how fragile market have become. Monday saw a quick 1,000 point move down on the DJIA and that was not the worst of it. We discuss the reasons why stocks collapsed and what could be in store for us ahead.
Will another round of quantitative easing be announced at the next Fed meeting? How much more of the sell-off is there? All these questions are pondered and more.
(Chart discussed – Click to enlarge)