Whatever You Do, Don't Ignore Friday's Selloff

Whatever You Do, Don't Ignore Friday's Selloff

Whatever You Do, Don't Ignore Friday's Selloff Submitted by QTR's Fringe Finance By 1PM Friday, the Nasdaq was already down roughly 3.3%, and suddenly the same crowd that spent the last few months explaining why valuations don’t matter is asking what is happening. Bitcoin has also been taken behind the woodshed, crashing to around $60,000. Depending on where you’re measuring from, that’s a brutal decline in a remarkably short period of time. It’s down about 42% over the last twelv...

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