All this market carnage was done even as the Fed tossed-in another $3.738 billion in POMO
Investors have given up their blasé attitude toward negative economic data from China and Russian threats toward Ukraine. So now many have sought safety in cash, bonds or gold.
Friday will serve up consumer sentiment data, which will be old news upon its release.
Barring other news, one can assume investors will want defensive positions over the weekend. |