Well, what do we have here? We’ve been on Crash Watch all month and your civil defense department is very close to changing it to a Crash Warning. Only a last hour NYSE stick save kept the DJIA and S&P from closing at new 2022 weekly lows. Will that be enough to forestall a further collapse on Monday?
And who knows what unknown unknowns the weekend will bring? So, as long as The Fed stays the course, things are going to be pretty rocky…and don’t forget that next week brings the end of Q3, which is usually pretty volatile, too.
So for today, a lot to discuss and…
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