Stocks PLUNGE AGAIN! Tech Stocks Down Over 20%! Global Economic Collapse Begins?
The Plunge Protection Team was on vacation today it seems. Surprisingly, they allowed Amazon to enter a bear market, pulling several other companies along with it. The FANG stocks have fallen 19% or worse. Oddly, there has been no forward guidance from the Fed. There has been no vocal admission of the issues. And there doesn’t seem to be any desire to engage in QE4 at this point. How low can it go?
Dow dives nearly 300 points, S&P 500 dips into correction levels
https://www.cnbc.com/2018/10/26/stock-market-us-futures-show-drop-for-dow.html
Microsoft overtakes Amazon as second most valuable U.S. company | Reuters
https://www.reuters.com/article/us-usa-stocks-microsoft-amazon-com/microsoft-overtakes-amazon-as-second-most-valuable-u-s-company-idUSKCN1N02FQ
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Bezos's Net Worth Drops As Much As $14B As Amazon Stock Plummets | Fortune
http://fortune.com/2018/10/26/amazon-stock-jeff-bezos-wealth/
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BSurveillance on Twitter: ""We're done on the bull market. We're done on the economic cycle. We're not in free-fall, but the best days are behind us. It's winter." -Societe Generale's Kit Juckes with @flacqua https://t.co/W4xACMMHti… https://t.co/XwT18zRNlf"
https://twitter.com/bsurveillance/status/1055516054128971776?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1055516054128971776&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fnews%2F2018-10-25%2Fsocgens-juckes-bull-market-donethe-best-days-are-behind-us
- bsurveillance
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