Yesterday the market continued with the insane volatility, spiking 1000 points, but as of 3:05am, futures are indicating an almost complete reversal of yesterdays gains.
CNN also reported an interesting statistic yesterday: this market crash will be the fastest descent into a bear market in American history.
“the S&P 500 recorded its quickest bear market ever, falling 20% from its peak in just 15 trading days. That’s twice as fast as the next quickest meltdown. That was in 1929, and it took 30 trading days. Read more