Stocks Have A ‘Real’ Problem

Mainstream media outlets leaned on old faithful to explain another dizzying session for US equities, which kicked off what could be a manic week with gains after "dip buyers emerged." Who knows if that's accurate. It depends on what you mean by "dip buyers." And it scarcely mattered. Accounts of a given session's price action are stale the moment they're written, and Monday was marred by an absurd flash crash in Sweden, apparently triggered by a screwup at Citi's London desk. David Augustsson,