It was an ugly end to an ugly week on Wall Street. The stock market goes to you know where in a handbasket.
Inflation is back.
Carnage on the charts. Nowhere to hide. They all reflect a bad Friday for millions and millions of American investors in the stock market. It was the worst single day point loss ever for both exchanges. With its 355.49 point decline, the largest ever, to 3321.29, the Nasdaq fell 9.67 percent yesterday, its second-worst daily decline in percentage terms.