Explaining Thursday’s Dramatic Stock Reversal

Explaining Thursday’s Dramatic Stock Reversal

If you're wondering "Wha' happened?!" on Thursday afternoon, when the bottom fell out for US equities, once again dashing hopes for a turnaround, you might be inclined to point the finger at Peloton. But there was more to it than that. No, it didn't help that a CNBC report suggested a company whose business is manufacturing connected exercise equipment may have paused production of... well, of connected exercise equipment. However, that was merely a "tipped domino," so to speak. In a sweeping
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