Interesting point about Wolanchuk, Bernie and all.
I’d think that the Fed is coming in is a given. Another 1K down day today and I’d expect there’ll be some sort of announcement Monday am before the SM opens.
Course that being said, as Maddog mentions, how do they re-program the algo’s to react to the constant stream of bad news regarding the Coronavirus and then the negative economic news that’s sure to follow for months thereafter?
What happened to the problem in the Repo markets? Has that been fixed? Is it worse?
So many questions…