Very few private investors use borrowed money. And I doubt the hedge funds are as powerful as they were in 08 to bring the market down.
Perusing some comments on this thread, seems like people are calling it pretty good.
BUt, I’ll say this as a 26 yr professional veteran.... Volatility like this usually sticks around for a while. 12-18 months.
Unless this really is all attack by Soros, then it might be like the Flash Crash. I’d be lying if I said I knew which of the two...
Tomorrow I suspect we hit a 10% correction, and for many that will signal a buying opportunity. Not sure I’d jump in, unless just to hit a trade, but at 15% I’m really in.
Be interesting to see if much money winds its way over to the bond market. It’s been a bad market for 2-3 yrs on bonds so...
Still wishing I had had the cash to buy those 30-yr Treasuries at 18% back in 81 or 82...