Market was overbought on cheap/printed money.

Companies using buyback to inflate shares and loads of zombie companies who would go under normally but with rates so low they survive. Market needed a reset to get rid of the dross and it usually falls 3 times faster than it rises cause traders are on margins and have to jump ship when something like this happens. Strange thing is Gold hasn't moved much prob cause traders need hard cash to cover their positions.

Posted By: Men without hats, Mar 12, 16:41:51