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Author Topic: Money  (Read 6369 times)

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AGelbert

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Re: Money
« Reply #435 on: October 27, 2018, 10:04:33 pm »


Last Defense Line Crumbles With S&P 500 on Verge of Correction

By Richard Richtmyer

October 26, 2018, 4:07 PM EDT

SNIPPET:

U.S. equity bulls just suffered a technical knockout.  ;D

The benchmark for U.S. equities fell 4 percent this week, at one point trading 10 percent below its September record -- the threshold for a correction -- before closing down 9.3 percent from the peak. Stocks are on pace to post their biggest monthly decline since 2009 as lofty corporate earnings expectations, increased trade tensions and tightening financial conditions have investors on edge.

Read more:

https://www.bloomberg.com/news/articles/2018-10-26/stock-hedge-funds-slump-harder-than-market-in-october-reversal


This poor man cried, and the Lord heard him, and saved him out of all his troubles.. -- Psalm 34:6

 

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