I don’t know who disgusts me more: the idiot Fed flapping his jaws or the nervous squirrels on Wall Street who panic at the slightest noise.
TC
Well, since there is no way to control the nervous squirrels ( there are too many of them) we are back to beating the crap out of Feds running their mouth.
Another point to remember is that today is Friday, and all things being equal the market will always go down on Friday.
Those that make their money a half penny at time by making many millions of trades a day have no reason to hold anything over the weekend when the market is closed, so there is a Friday dump. Day traders do the same thing.