We just witnessed the biggest one day drop in stock market history. 3000 points on the dow. the most concerning aspect of this drop is that it happened the day after a surprise rate cut of one full point. to me, thats the most ominous part of todays crash. the fed is in trouble and they know it.
2nd biggest drop in history in terms of percentages. First biggest was Oct 1987. We beat out the crash of 1929 today though, just barely.
For many years we've all heard about the antics of the PPT. Real, or just legend? If real, have they just given up?
Time to revoke freedom of the press. If they didn't exist, and the whole world got CV and 1% died(mostly elderly and sick) we'd literally never notice people dying or getting sick any more than usual. They truly are the enemy of the people. Really have to feel sorry for the people who were going to retire this year.
You are supposed to cash out of equities atleast 5 years before retirement. So anyone who got greedy and didnt can still cash out today at a higher price than five years ago. No need to feel sorry for them.