‘Cross-Asset Pandemonium’: Market Crash Triggers Circuit Breaker On Black Monday For Wall Street

‘Cross-Asset Pandemonium’: Market Crash Triggers Circuit Breaker On Black Monday For Wall Street

The S&P was halted limit-down on Monday morning after plunging 7% at the cash open. The nauseating swoon triggered a market-wide circuit breaker. Futures had bumped along down 5% (where the overnight curb kicks in) for most of Asia trading and during the European session. Global equities are reeling coming off a weekend that found Saudi Arabia kicking off an oil price war. The chaos in crude - which fell more than 30% at one juncture - was insult to injury for a world struggling to discer
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One thought on “‘Cross-Asset Pandemonium’: Market Crash Triggers Circuit Breaker On Black Monday For Wall Street

  1. OECD published hospital beds/ 1,000 citizens as of 2017: S Korea had 12.27 and USA had 2.77- so hopefully we have enough beds.

    However, Implied death rate in S Korea currently looks to be .068- not the 2-3% threatened but still higher than the flu.
    .
    I am waiting to see the results of the number infected from the C virus testing in USA- I might miss the bottom, but there will be a major “freak out” as test results come out and USA realizes this is everywhere.

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