Things are not looking good on Wall Street this morning… (CNBC)
The losses came as Japan declared a state of emergency in Tokyo for the upcoming Olympics and as countries deal with a rebound in cases because of Covid variants. On top of that, the European Central Bank decided to revise its inflation target and allow consumer prices to overshoot when deemed necessary.
Any way you look at it, today could be a blood bath on Wall Street. Or as Andre Baptiste Sr would say, “bath of blood”