Last week, we discussed the increasing odds of a 10 percent correction in U.S. equity markets. At the end of the week, markets had a 90/90 downside day, something that has technical significance if you are inclined in that direction. The expectations that follow a 90/90 day are for a bounce and a further retreat.
Given the deep red state of futures this morning, things seem to be playing out according to that probability.
But before panic sets in, let me throw a series of random ideas at you that might be worth considering before going home for the weekend . . .
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.