What happened?

WSJ: Hope that health officials would be able to contain the epidemic, resulting in only a short-term disruption to growth, had helped keep stocks near all-time highs up until just last week. But in the past two days, that optimism has increasingly turned into skepticism — wiping out what S&P Dow Jones Indices estimated amounted to $1.7 trillion from the U.S. stock market.

What happened? Did Bernie get elected?

One Response to “What happened?”

  1. feeblemind Says:

    Never underestimate the ability of the media to induce panic, particularly in a market that is overbought.

    Off topic:
    ACORN adjustments robbed Marble Bar of its legendary world record. Death Valley now longest hottest place

    The temp records in Australia have been ‘adjusted’ after nine decades, lowering them slightly so an overall warming trend can be shown on graphs.

    http://joannenova.com.au/2020/02/acorn-adjustments-robbed-marble-bar-of-its-legendary-world-record-death-valley-now-longest-hottest-place/

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