Records are being broken shattered …
Continue reading “The U.S. equity market meltdown in numbers”
Why wouldn’t it be?
Records are being broken shattered …
Continue reading “The U.S. equity market meltdown in numbers”
The S & P 500 and the NASDAQ 100 hit all time highs in early October and since then they have fallen about 10% each. The S & P 500 has turned negative for the year and the NASDAQ 100 has barely moved. FAANG (Facebook, Amazon, Apple, Netflix and Google/Alphabet) stocks accounted for almost all the 2018 gains until October. And their fall has caused the market meltdown but there is more to the story …