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The market sell-off is only 'shocking' because investors got used to smooth sailing
The recent period of mild volatility is what's making the current market sell-off appear so shocking, according to two experts. On Thursday, U.S. stocks fell sharply as strong earnings and economic data were not enough to quell jitters on Wall Street. The Dow Jones industrial average fell more than 1,000 points and entered correction territory — it is also on track to post its biggest weekly decline since October 2008. Meanwhile, the S&P 500 fell 3.75 percent and the Nasdaq composite declined 3.9 percent on Thursday. "It's just been an unusually long period of mild volatility that makes this seem so rough," ... (full story)
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- Feb 8, 2018 10:36pm Feb 8, 2018 10:36pm
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2514 Comments
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- Feb 9, 2018 12:30am Feb 9, 2018 12:30am
- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Feb 11, 2018 5:32am Feb 11, 2018 5:32am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
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- Feb 11, 2018 9:37am Feb 11, 2018 9:37am
- Redeflect
- Joined Feb 2017 | Status: Member | 32 Comments
"The fun is in the hunt. Not the kill."