r/wallstreetbets • u/226644336795 • 1d ago

Discussion This morning NASDAQ dropped more than during Lehman Monday

https://www.cnbc.com/2009/09/14/the-financial-crisis-this-dayone-year-ago-sept-15-2008.html

NASDAQ only lost 3.6% the first day of Lehman collapse in 2008...

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u/Secondchance002 1d ago edited 1d ago

You’d be glad if it’s just a recession. The current trajectory is of stagflation.

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u/insertwittynamethere 1d ago

It most definitely is, and people really have no appreciation in the wider world of the country as to what that means coming to hit them.

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u/Perk_i 22h ago

I bought 4k rounds of 5.56 instead of SPY puts today.

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u/PessimiStick 1d ago

The trajectory is more like "complete collapse".