It may be that the U.S. stock market starts to rise if people think it's gone far enough.
David WesselI think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world economy is just not in as good shape as we thought and so everybody is chasing everybody else.
David WesselNobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility.
David Wessel