The market is doing something rarely seen over the past 20 years — and it could mean the meltdown is just getting started
|10/11/2018||Posted by BusinessMediaguide.Com under General World News||
- Both the stock and bond markets have been battered in recent days, with the benchmark S&P 500 falling 3.3% on Wednesday. The index is mired in its worst streak of losses in almost two years.
- The fact that both asset classes are falling so quickly has created a situation where they’re negatively correlated, which has historically signaled further market pressure.
Stocks are in the middle of a complete and utter bloodbath.
Everywhere you look, there’s wreckage piling up. Here’s a quick summary: