This is is looking real BAD! S&P 500 down a whopping 100 pts just today! 2 TRILLION already lost in the S&P! I've already lost enough in my 401(k) that it looks like a 201(k)! ?
The impetus for this could be hyperinflation. You think the Fed Reserve is in the business of telling us the truth? Lol. They created so much money out of thin air over the years it's not even funny. Ridiculous low interest rates going on 9+ years now! Hell...my savings accounts & CDs have paid me barley 1% averaged out over the last several years that it's not even funny! (I'm almost paying them to store my money! ?). The financial system could all collapse taking the whole world down with it...imagine that people.
And where the Hell is our Billionaire President to address the public and try to calm the markets down? This is what Presidents should do during a financial crisis but he'd probably blame the Democrats for the market sell off. Lol. Trump doesn't care - he only wanted to be President to suit his ego. "It's good to be King" as the super rich say all the time. ?