Loading ...The Crash Just Won’t Stop But Today Something Changed–, S&P 2000 is in play shortly.
In any case, whatever prompted today’s sell off – and as Goldman explained there is much more selling to come – one thing is certain:
stocks can keep crashing 10% every day in perpetuity and thanks to Zeno’s paradox, they still won’t hit bottom
QE was PPT, now QT, they are net sellers and have no choice but to let bonds roll off. As long as the market doesn’t gap down (20% in a day) Fed has to let market drift lower. If bid/asks cross or there are no buyers, then PPT will have to step in, but otherwise, S&P 2000 is in play shortly.