[edwinland]

Very helpful explanation thanks.

[odawg]

Not to worry, we have Joe Biden and Kamala on guard. And as long as we all use correct pronouns, continue to de-sex our young, and pledge fidelity to wokeness, we will be shielded from trouble.

[jerod]

Or... Maybe the prospect of an avowed Socialist becoming President of one of the few Democracies left on earth is scaring the markets.

Just a thought.

[The Sons of Liberty]

Stock markets around the world are crashing right now, but why? [Yen carry trade]

It has dawned on investors that the possibility of a Kommie-La Harris regime is becoming real and the total destruction in EVERY aspect that would entail!

[pas]

I guess all the dem memes on look at your 401k will need revised now.

[RoosterRedux]

There are three words why markets are crashing right now:

FEAR OF KAMALA

[conservative_cyclist]

would love to all of our employees (regime keepers) that sold off stock last week...

[Catholic and Conservative]

The market P/E ratio still seems high, even by 21st century standards.
https://www.multpl.com/s-p-500-pe-ratio

[lgjhn23]

They tried to take out Trump every way possible, and so far, they’ve failed in every attempt.
So now, they’re going directly for the heart of middle-class America instead.
Whadda bunch of evil arseholes.....

[lucky american]

It’s only 9:37 EST and Yahoo finance is DOWN due to technical difficulties.

[Eli Kopter]

Warren Buffett is bailing out today. That is a strong indication.

[nopardons]

BTTT

[Harpotoo]

War and rumors of more wars?-)

[Sequoyah101]

"The carry trade is unwinding."

And so the currency traders / money changers have gotten caught with their pants down. Too bad for them and they take the rest of us with them.

Trigger points for a house of cards. Just kicks the stack of other weaknesses over. Things like sovereign debt, unemployment, wars and rumors of wars, that kind of thing.

Thanks for the post and explanation. Not something I have seen but it makes complete sense.