The $289 Billion Wipeout That Blindsided U.S. Bulls - InvestingChannel

The $289 Billion Wipeout That Blindsided U.S. Bulls

“”You just don’t see significant moves like that on the first day of the year,” said Michael Antonelli, an institutional equity sales trader and managing director at Robert W. Baird & Co. in Milwaukee. “It feels very much about this being about the rally sputtering out. Expectations feel really muted.”” — See also A stock-market crash of 50%+ would not be a surprise — or the worst-case scenario.