Shares of Robinhood, the brokerage, plummeted by 15% as FTX was acquired to save it from collapsing.
US inflation probably moderated just slightly in Oct. Data due Thurs., another above-forecast reading may dash expectations to downshift by Fed.
Splashy endorsement and sponsorship deals by FTX now in doubt as cryptocurrency exchange seeks bailout from rival Binance.
The flight to safety is what has made the 60/40 a powerful portfolio during financial crises, at least historically. But, this time is different.