Panic in Wall Street, brokers feeling melancholy.
Volatility may be rising simply because investors must digest more information every day.
I think the value of venues like CNBC is that they give investors an opportunity to reevaluate the situation minute by minute, but maybe we don't need to follow the market so closely.
We live in an age of great jitteriness in the financial markets. And there's no doubt at all, I think, that the volume of computer-traded stocks has helped contribute to that.
At the first rumors of war, timid investors in various government stock, being panic-stricken, sell out, to their loss and the gamblers' gain.
Investors don't like being in a world where everything is held up by and waiting for an approval from a very small number of people.
In a crisis, markets always look to see who is the next-worst off and proactively begin shying away from them.
A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street.
The once-unthinkable loss of the AAA rating will constitute a further hit to already fragile business and consumer confidence.
If we're in a bubble, it's the weirdest bubble I've ever seen, where everybody hates everything.
