@adamscochran
Partner@Cinneamhain Ventures,Adj. Professor Info Sci/Biz Analysis@ConestogaC, Professional Analyst,
http://cochran.io, Prev: Growth@DuckDuckGo
So a lot of people think that the treasury rumor (which is painfully false) caused the crash.
While *maybe* it was a contributing factor, it certainly wasn't the cause.
My current working theory is that there could have been an exchange issue driving this.
We may see a bit more fear based selling from the now shaken new retail, but, I think the worst of it is over and we'll likely see a lot of hungry institutions buying up at these rates come Monday.
20%-30% corrections are not unheard of in a bull market, but, we should expect this cycle to be the same as we've got much more robust systems of backstop and arbitrage and much more money in the system.
But that doesn't mean those emergency breaks can't ever fail.