Monday Market Meltdown – Nikkei Down 6%, BitCoin Down 21%, Volatility (VIX) Up 100%
August 05, 2024 at 08:48 AM EDT
The VIX says it all: After our terrible finish last week, Asian and European markets decided to play catch-up with their own sharp sell-offs and now we have to catch up to them, etc. etc. until we find a bottom to the panic. It’s a pretty indiscriminate selling-off of assets with Oil down at $72, […] Source