Wow. Pretty scary stuff. This chart says it all.
At one point Procter and Gamble $PG, one of the most defensive large caps in the US was down 24%! What the fish would cause something like that.
We have the greek crisis and all and this could very well be capitulation of the markets but Proctor and Gamble down 24%! Then it was down 1 only!
Take a look at CNBC most panic episode yet:
- Singapore Savings Bonds SSB January 2024 Yield Plunges to 3.07% (SBJAN24 GX24010F) - December 1, 2023
- New 6-Month Singapore T-Bill Yield in Early-December 2023 Should be Slightly Higher at 3.85% (for the Singaporean Savers) - November 30, 2023
- Have the World or Emerging Market Healthcare Stocks Outperform the World and EM Index? - November 26, 2023