Will You Be Smashed in the Coming Crash?
Here’s a quick look around the internet as we prepare for the week ahead.
There’s a lot of nail biting over the weekend after the market’s took a tumble in the last days of trading last week.
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U.S. stocks plunged Wednesday as investors, fearful that rising interest rates and trade tensions could hurt company profits, ramped up their selling of high-flying technology and internet stocks. The Dow Jones Industrial Average fell 831 points, its worst loss in eight months. And after the purge Facebook and Twitter pulled last week…it’s hard to feel sorry for tech companies as they throw their weight around trying to affect political outcomes.
The losses were widespread, and stocks that have been the biggest winners on the market suffered steep declines. Apple and Amazon, to name two..
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The DOW would have to fall another couple of thousand points to be considered a bear market over the next year or two.