The Stock Market Is Cratering. These Charts Explain Why.
1. Fading expectations for December rate cuts are driving market declines. 2. Probability for a December rate cut fell from certainty to just over 50%. 3. Government shutdown complicates Fed's ability to make rate decisions. 4. S&P 500 sees aggressive declines amid reduced momentum stock buying. 5. Key data on jobs and inflation will clarify the outlook soon.