Markets have worst day since 1987


Commenting on Fed’s rate cut and today’s trading Gorilla Trades strategist Ken Berman said:Q4 2019 hedge fund letters, conferences and moreToday’s plunge was even worse than last Thursday’s crash, with the Dow registering its worst day since 1987, and as the major indices closed below their lows from last week. President Trump’s prediction that the epidemic could last until August weighed heavily on stocks towards the end of the session, and the key benchmarks closed near their intraday lows, as investors rushed to the exits amid the continued extreme economic uncertainty.The major indices era…

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