Stocks keep falling…
The NYSE finally broke below 10,000.
The kind of crash that gets described as historic has been happening several days in a row now.
The Nikkei will almost certainly drop sharply tomorrow. Breaking 10,000 in Japan too seems inevitable at this point.
This is exactly the time to be buying, they say. From one angle, it’s like a massive clearance sale.
But with prices falling this far, liquidity dries up badly — an economic slowdown probably can’t be avoided.
Tough times.