Heading back down...has dropped almost 500 points after yesterday’s climb.
Makes sense, overall downward trend in the market, occasional upticks like yesterday are to be expected. Market volume is at an all-time-high, shouldnt be hugely surprising we had the single largest one-day gain of all time.
Sell high, buy low - we havent reached the low yet. Not pessimism, just sensibility.
And anyone who thinks stock market = economy has as much fiscal sense as that Socialist from New York.