Markets Down 350 – Is It Justified??!!
Keith rejoins Varney & Co. this morning at a time when major indices are selling off hard following, developments in Saudi Arabia and comments from Secretary Mnuchin. It’s totally unjustified given earnings but, as Keith points out, the markets are an irrational place. Uncertainty can come from any number of places with unintended results – including the computerization driving 80%+ of today’s trading.