SEEKING ALPHA‘s The Heisenberg writes:
The Dow fell into a bear market (at least intraday) on Wednesday, another session that found the benchmark down more than a 1,000 points.
This “yo-yo” price action is not as inexplicable as it seems, and regular readers are acutely aware of the dynamics that are exacerbating things.
And yet, considering the circumstances (which are, in a word, extraordinary), I wanted to pen another “guide for the perplexed.”
“What …
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Source: The Loadstar
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