they are already calling this a 10% correction, not a panic market.
The distinction is very clear the powers that be are already pumping up the propaganda too.
10% corrections normally occur an average of twice a year. We havent had one in over four years since 2011. Having experienced a market that has gone basically in one direction with very little pullback since the bottom of March 9, 2009, were all a little spoiled
I tentatively agree.
My only hold back is the commodities market was way over valued last year, and has been dropping most of the year. The “mad money” is running out of places to go.
I honestly thought to see another stock bubble as people fled commodities.