What The Hell Happened?

Remember the near 1000 point nosedive that the market had on May 6th? It’s cutely been called the “flash crash”. Nothing to worry about. The SEC has investigated it and guess what? They have absolutely no idea what happened:

“Staff analysis of market performance measures is consistent with the conclusion that a very temporary, but serious liquidity shortage occurred across the securities and futures markets.”

I feel better now. Don’t you?