The US stock market is down substantially again today. There’s still a few hours left in the trading day as I write this, so who knows where it will end up. Things aren’t looking good though.
It’s not surprising to see this after the Fed increased interest rates earlier in the week.
The whole system is doomed. I would certainly not want all my wealth in the stock market considering the situation. The fools who have all of their life savings in 401k plans are totally screwed.
