Group Activity: Manic Monday Market Watchalong

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3 Responses

  1. Marchmaine
    Ignored
    says:

    As of 1.24 pm DOW seems to be bumping along at 38k with a little excitement around a false rumor of a 90-day pause causing the market to perk upwards until rumor popped.

    Wasn’t sure what to expect… personally felt that another 5% drop would’ve signaled a lot more pain to come. There’s still time…

    But I’m also not sure what to make of a 15% overall drop with a floor of 38k. (If that’s the case).

    My own sense was that we wouldn’t know how to interpret things until this coming Friday – or the first set of financial institution failures. But, if it’s just a ‘correction’ with a slow moving recession…?Report

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