Goddamn it!!! Every time the markets crash I'm stuck without cash to buy any stocks with. I think I'm going to start putting some aside and stop buying bitcoin for a while, because I suspect the stock market is going to drop a lot more before we see the end of this. It was down again today, and if this keeps going we're going to have a bleak 2016--but stocks will be cheaper!
Don't know about bitcoin, though. Has anyone actually done any econometrics with it, e.g., figured out how it moves with relation to the stock market or bond market or any others? I'd be very curious.
The drop this week is approaching a correction. There are no signals yet that a bear market will ensue. The failed attempt of a "circuit breaker" was the cause of the route today. The U.S. markets will end the week on a strong note.