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Worse than ‘the chaos of 2007-2009 only 911 crash can beat it!

serf
 Sure looks awful dire for The world, America will never be the same.
                                         serf
Shortly after Monday’s open on Wall Street, the  went down over 7%, triggering the first of  Trading was paused for 15 minutes. When trading resumed, the S&P 500 was down about 6%.
     Worse than ‘the chaos of 2007-2000s crude futures were plunging Sunday night after OPEC’s production cut deal failed and the 10-year Treasury yield was making shocking new lows in a global flight to the perceived safety of bonds, Cramer tweeted that these moves are “signalling an imminent recession.”

The 10-year Treasury yield, which moves inversely to price, dropped to a new record low of 0.318% early Monday !




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4 comments

Date Votes
  • Ricci.Wright

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  • mark christian

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  • select-fire
    This will take a long time to get back to levels that were oversold.
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  • serf
      Shock and denial stage now,next is Anger and depression? Then Acceptance and integration.
          Have a nice day! :)
                             serf

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