Volatility shooting through the roof and the broader market indices dipping significantly, over 2.5%.
Wonder if this blatant gambling, manipulation and frothiness could be the impetus of a larger correction. Could a small chain reaction from this quickly expand? A fairly hawkish SEC chief has been appointed and the market has been disconnected from the economy for some time. "Bad" news on the horizon includes likely corporate tax increases, tighter regulation, etc.
Submitted January 27, 2021 at 04:38PM by bemurda https://ift.tt/36kgjkf
