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Friday Market Meltdown

Summary:
Yuge B non-risk asset add on Thursday, big risk asset price markdown on Friday: Same thing that happened back in February 2016:$SPX -3.85% for week, worst since -5.96% first week of 2/2016, all 11 sectors dn, 463 issues dn, w/183 dn at least 5% & 25 dn at least 10%, 42 issues up, w/6 up at least 5% & 3 up at least 10%, $SPX lost 1B today, 5B for the week, up 2B YTD & .1T fr election— Howard Silverblatt (@hsilverb) February 2, 2018

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Yuge $56B non-risk asset add on Thursday, big risk asset price markdown on Friday:

Friday Market Meltdown

Same thing that happened back in February 2016:

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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