The stock market was down 8% from Monday to Wednesday and up 8% from Thursday to Friday to finish the week flat.
This is a period in the financial markets you will be telling your grandchildren about, the closest the U.S. financial system has come to meltdown since 1931, and the first time in its history the U.S.A. moved so far and abruptly from democracy and a free market system toward socialism, government control of markets, and nationalization of its financial institutions.
My current recommendation is to take 50% of your portfolio and burry it in the backyard and take the other 50% and hide it under a mattress in the upstairs bedroom.
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