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As expected.
Bloomberg: The Nasdaq 100 index sank into a correction on Friday
@GottaLaff Are they tired of winning yet?
@Jgmeadows Are we tired of losing?
@GottaLaff at what point is it not a “correction”? You can sense the panic in economists so it’s interesting seeing the gentle language.
@GottaLaff Whenever the market goes down and they say “this is a correction“, that would imply that the market going up is a mistake...
since this is forced destruction... it's not a correction 10% + drop... this is something else I'm not sure what to call it. And that Bloomberg is calling it a correction to me, means they are noting\recognizing the gravity of the situation.
@GottaLaff The brilliant businessman eh? Utter W 