Cryptocurrencies

[Formerly YB-2]

Wonder how much $$ was lost on the U.S. market today? Moved to fixed income this last fall.

[Cohibaman]

IMG_8644.jpg

[cma29]

Originally Posted by Formerly YB-2

Wonder how much $$ was lost on the U.S. market today? Moved to fixed income this last fall.

The market fell over 2% today because the 10-year bond fell pushing its yield up to 2.85%. Market observers say reaching the 3.0% threshold might get "interesting." There was no place to hide.

[62caddy]

Considering the Dow is still up 27.27% over the last 365 days as of Friday's closing, the majority of investors are probably taking it in stride.

[Formerly YB-2]

Originally Posted by 62caddy

Considering the Dow is still up 27.27% over the last 365 days as of Friday's closing, the majority of investors are probably taking it in stride.

The key word here is "investors".

[62caddy]

$6,887.

[Still-One]

Largest i day market drop in history. ~1175

[62caddy]

Still a far cry from '29 or '87.

[Still-One]

Originally Posted by 62caddy

Still a far cry from '29 or '87.

Percentage wise yes, but it beat the next largest point drop by over 50%.

[antipop]

Originally Posted by Still-One

Percentage wise yes, but it beat the next largest point drop by over 50%.

point drop means nothing for an index. It's % change that matters but that makes it much less exciting when it's would even be in the top 20 drop ever experienced.

It's just a normal day in the market like we used to have.