Markets Are Open . . . Unfortunately

Hmmm.  The S&P 500 plummeted 7 percent in the first few minutes of trading this morning, triggering a circuit breaker that halts trading for 15 minutes. If it goes down 13 percent, trading will halt again. If it goes down 20 percent, trading will be halted for the rest of the day.

Long-term yields continue to plummet:

And oil is continuing to crash too. Welcome to Monday.

FACT:

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FACT:

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Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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