The traders are dumping. Mom and Pop buy and hold are being dumped on because the fed forced them into the equity market and McDonalds. I think we need more central control and ethanol subsidies.
The mandates should be named after Trump, the only candidate who wants to INCREASE them.
Hard to blame Mom and Pop for this debacle. The markets were the only place for the small investor to make money, since the Fed’s zero percent interest rates ruined their savings.
Now they’re going to get hammered, while the big banks and Wall Street traders continue to prosper.
Gee, I’m sounding like Bernie Sanders now! LOL.
Wall street exists to shift over valued stocks to Joe and Jill Sixpack.