Now Comes The Mother-Of-All Bailouts

That was fast!

In the last 14 trading days the index of America’s mid- and small-cap companies, the Russell 2000 (RUT), has plunged by 34%. It’s now down 40% from is August 2018 peak, and has returned to the level (1037) that it first crossed on July 11, 2013.

That’s right.  A seven-year round trip back to “go”.

^RUT data by YCharts

So we can see why the Donald is desperate.

As we have said frequently, you boast it, you own it; and now Trump owns a steaming pile of financial horse pucky that amounts to AOTRA (America On The Ropes Again).