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I don't know if it will tank the stocks but next time the DOW loses 150 points, it will stay there until it falls further. No more of this down by 200 one day then up by 400 the next.
It will also mean that Oil investors will have to eat their own mistakes.
The roads are a ghost town, last week I drove to Jacksonville and wide open road practically the whole trip.
The only people on the highway were travelers those Sunday local drivers putzing along at 45mph wile driving side by side with another Sunday buddy, were at home conserving gas and sweating Obamacare premiums and hospital bills. And that's just the ones that still have a job.
No Plans for Normalization: Fed Ends QE, Will Hold Rates Low for "Considerable Time", Will Reinvest Proceeds
http://globaleconomicanalysis.blogspot.com/2014/10/fed-ends-qe-sees-improved-labor-market.html
Mish