After the mild collapse of stock prices last Friday, today the markets closed a few minutes ago, with the Dow down 4.6%. What’s driving it? I suspect this has more to do with the long-overdue correction that many analysts have predicted, and less to do with the apparently fangless Nunes memo – but every little bit hurts.
And just to double the fun, Congress must pass some sort of spending bill by Thursday.
And my Arts Editor points out that a new Fed chairman was sworn in today, replacing Yellin. I have no idea if that’s important or not.
