Dow Down Over 2000 Points In One Week
On 2/25/2020, the DOW dropped another -879 points after a decline of over -1000 points the previous day. This brings the total decline to -2267 points in only one week.
Of course, the public advice offered by financial media is to “buy the dip”. This is implying that there is a dip, rather than the market facing further decline.
I have pointed out that beyond the more public view, financial firms are advising their larger investors of completely different actions. A few months ago, Goldman-Sachs advised investors with over $200 million in…