[edwinland]

In my personal opinion, the only thing keeping the market rising was the expectation that Trump would win. Now that investors see the election as a toss up the entire economy has less value. Investors know that a continuation of today's policies would sink the economy.

[edwinland]

NASDAQ now down 6%. It’s falling so fast the “live” headline can’t keep up.

[C210N]

With the rise of BRICS, we are now watching in realtime the takedown of fiat. It’s a Glorious Day.

The odd thing I see this morning is Gold also down. Interesting, perhaps some see an opportunity in selling gold to buy what they see now as “bargains” in stocks.

Remember, when a VERY SHARP knife is falling, don’t try to catch it!

[Harpotoo]

And just like food and housing prices the market has been propped up via inflation;-)

[Lazamataz]

We are so screwed.

[bray]

This is fear of Kommie continuing this disaster.

[brownsfan]

“Now that investors see the election as a toss up the entire economy has less value.”

I’m not sure about that. There are a lot of investors who are hardcore Dems. My guess is that global instability along with a slowing economy are scaring investors.

[ProtectOurFreedom]

Exactly right, IMO. These analysts rarely discuss politics or factor it into market behavior.

The markets are all about the future and the sudden real prospect that a hardcore anti-American, anti-business, anti-Israel communist outdoors win the election (instead of the solidly pro-American, pro-business Trump) has really spooked the markets.

[Tell It Right]

TLT (an ETF for long-term treasuries) is up 1.3%. That corresponds with treasury yields being down (prices move opposite of yields).

[RayChuang88]

There’s also the issue of a potential wider Middle East war, too.