Armed Polite Society
Main Forums => The Roundtable => Topic started by: K Frame on November 26, 2021, 07:19:24 AM
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Welcome to the reaction to the latest COVID variant emerging out of South Africa.
https://www.cnbc.com/2021/11/26/stock-futures-open-to-close-market-news.html
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On the plus side, maybe I'll have someplace to put my sideline money if the Dow goes into a four digit drop. I saw everyone is throwing dough into Treasuries right now and they just took a tumble. Down nearly 10bps right now.
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DJI down over 1k points now. Stocks globally taking hefty hits today.
Oil down around $9.
All things considered, I think we were due for some sort of correction anyway. Not going to worry about it.
I suspect oil will head back up over the next week or three.