On Friday, the stock market tanked 800 POINTS.
Today 900 points.
The media may ignore this catastrophe but wiping out the lifesavings of average Americans, impoverishing Americans won’t wash. Americans who haven’t been paying attention will become ….. activated and operative.
The average NASDAQ stock is down 60%.
The average stock on the S&P is down 30%.
The S&P 500 started the week in bear-market territory, while global stocks tumbled and bond yields jumped as fears over inflation rattled investors around the world. If the loss holds to the market’s close, the broad index would fall into a bear market for the first time since 2020.
EDITORS NOTE: This Geller Report is republished with permission. ©All rights reserved.