{"id":386876,"date":"2018-11-28T07:41:29","date_gmt":"2018-11-28T06:41:29","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/stunned-investors-observe-the-market-carnage-in-shock\/"},"modified":"2018-11-28T07:41:29","modified_gmt":"2018-11-28T06:41:29","slug":"stunned-investors-observe-the-market-carnage-in-shock","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/stunned-investors-observe-the-market-carnage-in-shock\/","title":{"rendered":"Stunned Investors Observe The Market Carnage In Shock"},"content":{"rendered":"<div>\n<p>      <!-- START CONTENT --><\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/news\/2018-11-20\/nothing-working-shellshocked-investors-observe-market-carnage-dismay\"><strong>Zero Hedge<\/strong><\/a><br \/>November 21, 2018<\/p>\n<p><strong>Usually the excuse \u201cnothing is working\u201d is used by finance professionals when begging clients not to pull their money, desperate to explain woeful performance and when there are no other explanations left. Only in 2018, that excuse is absolutely correct.<\/strong><\/p>\n<p>After another abysmal day, in which every single sector in the market closed in the red as stocks tumbled 2%, capping a dreadful two-month stretch since the S&amp;P hit its all time highs exactly two months ago, which has seen both the S&amp;P and the Dow turn red for the year with the Nasdaq just barely holding onto green, while oil crashed 6% slumping to a one year low, junk bonds matched a record streak of losses, the overall market just suffered one of its worst sessions in the past three years.<\/p>\n<p>But what is most remarkable is the following chart from Bloomberg which shows the year-to-date return of the best performing asset between US and global equities, corporate bonds, Treasuries, gold and real cash, <strong>and according to which 2018 is shaping up as what may be the worst year on record for cross-asset investors. Indeed, <u>nothing at all has worked this year<\/u>!<\/strong><\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/nothing%20has%20worked.jpg?itok=Lgua491g\" data-image-external-href=\"\" data-image-href=\"http:\/\/www.prisonplanet.com\/sites\/default\/files\/inline-images\/nothing%20has%20worked.jpg?itok=Lgua491g\" data-link-option=\"0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/nothing%20has%20worked.jpg\" srcset=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/styles\/inline_image_desktop\/public\/inline-images\/nothing%20has%20worked.jpg?itok=Lgua491g 1x\" alt=\"\" width=\"500\" height=\"246\" data-entity-type=\"file\" data-entity-uuid=\"34fb226b-ee1a-4249-8861-0d2f6d3a1ead\" data-responsive-image-style=\"inline_images\"\/><\/a><\/p>\n<p>The inability of any single asset class to escape the dismal black hole supergravity of devastating losses in a brutal post-BTFD catharsis that has mutated into an equal-opportunity rout, crushing returns across all assets, has left investors reeling, shellshocked and paralyzed, and dreading what may come tomorrow let alone next year when both the US economy and corporate earnings are expected to see their supercharged recent growth rates come crashing back down to earth.<\/p>\n<p>\u201cWhile there\u2019s still no \u2018panic in the streets,\u2019 most traders are unconvinced that the selling will slow down anytime soon,\u201d said Instinent\u2019s head of trading Larry Weiss. <strong>\u201cThe flight to quality is now a flight to cash. It\u2019s tough to convince anyone that now is the time to&#8230;<\/strong><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.prisonplanet.com\/nothing-is-working-stunned-investors-observe-the-market-carnage-in-shock.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zero HedgeNovember 21, 2018 Usually the excuse \u201cnothing is working\u201d is used by finance professionals when begging clients not to pull their money, desperate to explain woeful performance and when there are no other explanations left. Only in 2018, that excuse is absolutely correct. After another abysmal day, in which every single sector in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-386876","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/386876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=386876"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/386876\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=386876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=386876"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=386876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}