The only people who haven’t figure out we are in the toilet are crackheads.
U.S. stocks traded sharply lower on Wednesday as investors weighed the impact of the dollar on the U.S. economy and the coming earnings season.
“Durable goods were pretty awful,” said Peter Boockvar, chief market analyst at The Lindsey Group. Also getting hit are “biotechs, the poster boy for stock market speculation. They’ve had an extraordinary run.”