No one ever thought when we created a stock market that there would only be buyers of stocks in an index.
The action under the surface in individual stocks has been covered up by the indices, which have held up; not anymore.
Are things that bad? I remain a non-believer in the recession thesis.
The withdrawal of the IPO push by We Co. -- for now -- is going to make it tougher for all the billion-dollar Silicon Valley startups whose dream has been to reinvent commerce by creating a new supply of everything from hotel rooms to cars to clothing.
On this weeks Roundup our panelists discuss the effect of the impeachment inquiry on the markets, healthcare stocks, some crazy tech valuations and review Nike and Micron earnings.
Peloton's unimpressive debut is yet another sign that investors are avoiding highly-valued, unprofitable firms as the capital markets tilt towards less risky investments.
Jim Cramer weighs in on why Endeavor pulled its debut on the public markets.