I'll be back!
- 28 July 2004
- Reaction score
Something tells me there's going to be a hard selloff tomorrow before the weekend.
We are definitely overdue for a market correction. All that saved lockdown money has been pumped into real estate, financial markets and crypto. The party had to end sooner or later. The markets have been disconnected from reality for some time, but now it looks like the smart money is getting out.
It all started last Friday, and ever since then any rise has been sold into hard. I think you're right about Friday night on US markets. I also suspect things are going to get very ugly.