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for me personally it was rate-hike rumors/announcement by the Fed in high-rate environment high-risk high-growth stocks are unattractive, so investors pull the
by ushakov 4y ago
for me personally it was rate-hike rumors/announcement by the Fed
in high-rate environment high-risk high-growth stocks are unattractive, so investors pull the money out and invest it into “safer” assets
don’t forget that many investors are leveraged too and a sale of one big investor might trigger a selloff chain reaction
- hypomanic 4y agoit's easy to predict the past did you short?
- ushakov 4y agoi don’t short, but i buy more at lower price it’s well-known economic fact that after a crisis there’s always recovery
- iamacyborg 4y agoHow’d that work out for Enron?
- rsecora 4y agoOr Lehman or ...