The market declined 1,800 points today behind a conflation of factors we will unpack below. Futures were pointing to down 200 at bed time last night, were down over 500 at 3:15am, and dropped more than 850 points from then until the market open. We opened down that much, and then throughout the day saw new intra-day lows hit, as the yield curve flattened and some of the recent high flyers sold off a great deal
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
