May
7
This video is complementary to the previous CNBC video that I posted which, although ostensibly about Goldman Sachs, also included foreboding data that displayed the recent growth of the volatility index of the S&P (VIX), then not even comparable to current levels.
Much more amusing to me than the various recaps of the record-breaking skydive of the US markets on Thursday afternoon is the real time footage of the commentators and how they dealt with that little snafu. The best segment of this, in my opinion, is from 1:00 to 2:50 where there are too many people talking at once and Jim Cramer is at his buffoonish best.
“The machine’s obviously broke, the system broke down.”
- Words of wisdom from J. Cramz
