The stock market faces ‘unlimited downside risk,’ warns veteran trader
October 23, 2018 at 11:57 AM EDT
The stock market opened with a resounding thud on Tuesday morning, as the Dow Jones Industrial Average at one point had shed more than 500 points. The S&P 500 and the Nasdaq Composite endured even harder hits, down more than 2% each. Here’s the case for things getting worse before they get better.
