Loading ...Amid all of this chicanery, here is where it gets interesting:
‘I have never seen a market this volatile to this extent in my career. Now that’s only 66 years, so I shouldn’t make too much about it, but you’re right: I’ve seen two 50-percent declines, I’ve seen a 25-percent decline in one day and I’ve never seen anything like this before.’
Jack Bogle, Vanguard Group founder and retired CEO
“It’s a good deal more volatile than almost anything else you’ve seen,” said Cashin, who began his career at Thomson McKinnon in 1959. “It is unfortunately reminiscent of some of the volatility we saw in ’87,”