I think most knew the central bankers were juicing up the
markets. The real question was how ugly it would get when those
invisible hands are no longer bidding up the market? I think we got
our answer the last two weeks.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
QE1 selloff vs QE2
Posted by marks on 8th of Aug 2011 at 03:08 pm
1220 -> 1010 overall 17.2%
Current sell off
1370 -> 1119 is 18.2% and no bottom yet
I think most knew the
Posted by cw12 on 8th of Aug 2011 at 04:08 pm
I think most knew the central bankers were juicing up the markets. The real question was how ugly it would get when those invisible hands are no longer bidding up the market? I think we got our answer the last two weeks.