RE:RE:Q3I would not worry.
Dow down 832 points, TSX down 336, CAD down 0.70 %, WTI oil down over $ 2, WCS down another 3 % to biggest spread in history between WCS and WTI. Alberta taking emergency measures to help Canada's heavy crude differential situation as per Rachel Notley.
Trump tweeting getting off AF1 at 5:30 PM in Pennsylvania that the Fed "has gone crazy"....Jim Cramer 6 PM on
CNBC blasting the Fed as well and saying at least Janet Yellen was "data dependent" vs. Jay Powell who Cramer fears may cause another 2008 recession.
What an exciting day! I would say the fact we were up $ 0.23 today in a massive market rout is not too shabby.
It was ugly across the board. Would not be surprised for markets to plunge again tomorrow and then rip higher in a bounce back.
Would be great for a big move in gold as a safe haven tomorrow.
JIN
ghostzapper wrote:
every once and a while the baby gets tossed out with the bath water.