A Lot More Will Have To Happen Before This Turns Into A Crash; And Markets Are Not There Yet.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter With all this wailing in the media about stocks, you’d think there’s at least some blood in the streets. But no. Not a drop. The Dow fell 4.6% today to 24,345. This 1,175-point drop, as it was endlessly repeated, was the biggest point-drop in history – but irrelevant given how relentlessly … Read more