I was watching it on Yahoo on my phone all day. I said that it is actually struggling and losing ground every hour. I expecte the gain to be small by the end of the day, but I confess the “falling off a cliff’ surprised even me.
People don’t realize that on its own, a drop of 205 is a pretty big deal. But added to the five previous days, we have “officially” and technically entered a genuine correction.
This is actually nothing compared to the collapse to come.
100 trillion in unfunded liabilities. The entire wealth in the world won’t pay the U.S. debt.