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IPFS News Link • Stock Market

Crypto Rips, Dollar Dips, & Stocks Hit Record Highs As Americans' Confidence Collapses

• by Tyler Durden

The last 6 times out of 7 (in the last 40 years) that sentiment crashed this hard, the US was in or entering a recession...but with stonks at record highs, how can that be?

Put another way...

On the week, The Dow outperformed (which has been relatively unusual) with Nasdaq breaking even and Small Caps tumbling. Notice that every day the cash open (this is 24hr futures data) was utter chaos before everything calmed down in general