NYTimes: Something Weird Is Happening on Wall Street, and Not Just the Stock Sell-Off
All this suggests that major financial players are experiencing a cash crunch, and are selling whatever they can as a result.
Stockbroker friends tell me they got CRUSHED today with calls and liquidations.
— Randy Woodward (@TheBondFreak) March 12, 2020
JPMORGAN: "Revised GDP forecast of -2.0% annualized growth in 1Q, followed by -3.0% growth in 2Q. "
— The_Real_Fly (@The_Real_Fly) March 12, 2020
The Volatility Index is officially at 2008 financial crisis levels. h/t @lisaabramowicz1 $VIX $VXX pic.twitter.com/ifkwmIaSqs
— Jesse Colombo (@TheBubbleBubble) March 12, 2020
BREAKING: all @NewRochelleED schools to close starting tomorrow pic.twitter.com/ZT8kna2xA7
— Tony Aiello (@AielloTV) March 12, 2020
AC
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