“Disorderly on a scale not seen since the crash of 1987″: Too many poorly understood structural changes have created unstable markets.
Law enforcement is ablaze with indignation about Apple’s encryption decision. Google’s decision added fuel to the fire.
Bitter ironies are piling up – with very crummy consequences.
Mega-Startups go parabolic. Flame-out already happening.
We’ve spent our entire life in a credit expansion. We began life when the cork came out of the credit jug. We’ve all been pulling hard on it ever since. Heck, we’ve lived on it. “Hey, we’ll pay you later,” we said. But what if “later” is now?
Weighed down by soaring debt, it declares bankruptcy. Stock loses 92% in one day. From $20 to $0.80 in 3 months. A harbinger.
This shouldn’t have happened. Where is the euphoria?
After years of Fed-induced market mania, analysts lost the neurological ability to fathom that stocks can actually go down.
You no longer know if the quotes you see are real.
Party turns into bloodbath. Happening right now beneath the surface of the S&P 500.