The VIX closed under 17 (after rising to 19), so there is little fear in todays selloff...I mean WHO on Earth doesn't know the US is broke? BIG DEAL?
US $ gained, bonds gained, gold gained, corn and soybeans were higher.....OIL lower.
SO what the US had their debt downgraded......maybe the 2 wives from GS were back in the market near the close to make it look like the correction had no teeth......who knows anymore, the stock market is broken as a voting machine
D
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