The Treasury, the Fed, and Warren Buffet have been the only buyers in this meltdown and have been largely focused on financial companies. Meanwhile the rest of the market has gone down 30 percent year to date and very few, if any, stocks have been spared. What do we look for next? Does the market just keep going down endlessly? What will bring this to an end?
Jackson vs Bean from Patrick Boivin on Vimeo.
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