#1 is called a correction. I don’t mind as long as the %% aren’t as scary as the big numbers. Remember dives of 500 - 600 when the Dow was at 12,000 so it makes sense that at 25,000 we would see 1500 point swings.
#2 I’ve heard and read a drive by analyst. They Fed is manipulating interest rates. Stocks are dropping and Bonds are rising. A sure sign of pending interest rate squeeze.
Thing is, large companies have had record earnings so what’s happening today is based on the future 12-18 months from now. It was a hell-of-a-run throughout the year. Companies giving bonuses, dividends, investing in R&D and capital equipment costs. We’ll have to wait and see if the market bears fruit with what Trump has done.
I’m sure this will be used to tarnish Trump and I’m not so sure the plunges weren’t helped along by influential people wanting to see a Trump crash, or worse it could be anticipation of a global trade war and resistance about the USA not giving out lopsided trade agreements.
Good points. I believe the rebound will be swift...just am PO’ed that I didn’t see it coming. Now’s a great time to buy if you were smart (not me) and took profits while the getting was good!