[ad_1]
While this week had many superlatives – like being the fastest collapse from peak to bear market ever, fastest credit spread decompression ever, biggest weekly jump in VIX ever, and largest 3-week decline in oil prices ever – one stands out as rather more ominous than others…
Three of five days this week made the list of top 20 daily gains of losses in history…
But even more unusual this week was the fact that the market had back to back 9% swing days…
The last time this occurred was the three days ending October 30, 1929…
And this is what happened next…
But it could never happen again right?
[ad_2]