Could be! I want to see where it ends the week, though.
People were buying very, very risky assets (mortgage-backed securities), and got burned. It’s not the first time, and it won’t be the last.
the more the media tells us the economy is bad, the more people believe it. I call them self fullfilling prophecies. People should just shut up and let the economy ride. It always has and always will have its ups and downs. I’m not worried.