We're making sense of the current stock market collapse and what this means for your portfolio. The Dow Jones witnessed its worst day since 2008 and things are only getting worse for paper asset investors.
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The stock market came to grinding halt today for 15 minutes because of massive declines. Stocks collapsed another 1,700 points this morning, Oil markets crash this morning, Federal Reserve Cuts Rates and the Stock Market Goes crazy.
So, what's going on here?
In one week we saw the biggest reversal in the stock market in two years. Then we saw the biggest one day point drop in its history. I remember the good old days just two years ago when I reported the biggest point drop in history. Now we've got a new record!
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