After reading that the Nikkei was crashing ~5%, I went to bed last night expecting a bloodbath in the US.
It certainly opened that way, but now, everything is turning up again. Unbelievable. I wonder what the Fed will do tomorrow and how the markets will react. It could be anything from Euphoria to disappointment.
I wonder that too..When I read last night about the global markets and Fed's emergency cut, I thought there will be a drop of atleast 300 pts, but, to my surprise, it was not even close to 50. Something is fishy
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