This is BS, once QE stopped the markets had to fall, they were being propped up the past 7 years with the printed money from the fed.
The is a correction of huge proportions, the likes of which may never have been seen before. IMHO
But it plays in to the fascist/socialists hands to demand more fixes so they and the bankster’s can steal yet more of Americans wealth.
I supposed there is nothing to stop the Fed from “creating” ten trillion more dollars next Wednestday to “fix” the economy again.
Gimme that “t” back.
Nice analysis.
Normally the markets react to the yield curve as it is manipulated by the Fed, but we do have to consider QE this time, I suppose.
http://stockcharts.com/freecharts/yieldcurve.php
Either drag across the chart on the right or click animate.
In other words, they got the go-ahead to pull the plug.