Timeline Oct 2008:
-First week Oct 2008, market sh*t blood similarly to what happened last week
-Oct 8 Feds cut rates 0.5% just like they did today
-Oct 9 largest dow drop by percentage since 1930s (just like last Fri)
-Following Monday, largest gain of all time by percent (just like yesterday)
-Tues (10/14) market drops some and WED market shows record drop again
-Market continues to be extremely volatile until hitting rock bottom 5 months later
tl;dr Market may bleed Wed, Dem nominee decision may make things worse. Tell your wife’s bf to buy puts and calls a month out and play the volatility!
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.