Down, Down, Down

This is the worst stock market week since 2008. This is the worst stock market month since 1931.

In some ways it doesn't feel as bad as that bottomless-seeming moment in fall 2008, but I think that's only because we are now surrounded by the daily (and multiple-times-each-day) instabilities of cabinet turnover, ally-abandoning, trade-war-mongering, and so on from the current occupant. Not to mention climate change denial and doubling down on greenhouse-gas emissions, which is the real long-term instability hiding out on all those corporate balance sheets.

So, will the stock keep going down from this very low point? It seems like it to me, but we'll see.