Stocks Just Had Their Worst Second Day After a Midterm in Nearly a Century
A post-election rally vanished in a single session, and the market's fear gauge jumped almost 70%. Three theories claim to explain the rout, but each one leaves a gap that the bond market and analysts' earnings forecasts refuse to fill.
A post-election rally vanished in a single session, and the market's fear gauge jumped almost 70%. Three theories claim to explain the rout, but each one leaves a gap that the bond market and analysts' earnings forecasts refuse to fill.
What's Your Reaction?
