Gut Check Time: Markets On Tenterhooks As October Meltdown Beckons

Gut Check Time: Markets On Tenterhooks As October Meltdown Beckons

US equities went into an uncontrolled dive to start the fourth quarter, with the S&P losing some 3% over two sessions. But don't worry, Donald Trump knows just what the problem is: Democrats. "All of this impeachment nonsense, which is going nowhere, is driving the Stock Market, and your 401K’s, down", Trump said Wednesday, as stocks careened lower on what, in reality, were growth concerns likely exacerbated by systematic flows. With stocks squarely on the back foot as market particip
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