Discussing the current lows, panic selling, and uncertainty in the stock markets are Chris Vermeulen, founder of The Technical Traders, and Kerry Lutz from the Financial Survival Network.
We are definitely seeing very big panic selling in the stock market. There has already been a bloodbath in the stock markets this week the likes of which we haven’t seen since early 2021. When there’s panic, virtually everything goes down. People are nervous and are moving to currencies. The only thing bucking the trend is the US dollar.
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