📉 "The worst day in history"——someone actually said this today.

It takes courage to say this, or……it takes data.
We don't know which one.
But when you lay out today's backdrop, you'll find this statement isn't baseless——
The Strait of Hormuz factual blockade is still fermenting, oil prices keep climbing; Japan's largest-scale overseas asset liquidation in the past decade arriving Monday; US Treasury yields at 4.37%, capital still moving to the risk-free end; Fed December rate hike expectations reignited, the rate cut narrative can't continue; East Asian economic crisis risks quietly rising……
Each single one taken out individually is "bearish but manageable."
All stacked on the same trading day——
The market's nerves are truly stretched tight.
Of course, the title of "worst in history" has fierce competition, with predecessors from 1929, 1987, and 2008 all quite unconvinced～
But one thing is true:
When everyone starts discussing "could this be the worst," position management is worth a hundred times more than viewpoint judgment～
Protect capital first today, we'll tell the story slowly later～