Dealbreaker.com put out a call for a name for terrible Tuesday, “Wanted: What Should We Call Last Tuesday?“
I guarantee my recommendation will never win, so I haven’t even bothered to submit it. But I vote for Groundhog Day. Not in the traditional sense of Punxsutawney Phil serving as rodent weatherman.
No, I mean in the sense of the Bill Murray movie, where he wakes up and has to keep reliving the worst day of his life, which happens to be Groundhog day, over and over until he gets it right. The markets, at least for the last week, seem to be stuck in a loop and like Bill Murray, aren’t able to get past last Tuesday. Hope they learn their lesson soon.
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How about “Shanghai’d Tuesday” or “China Syndrome Tuesday?”