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3 Thoughts About the Market Correction
Three things I’m thinking about during the stock market correction: This is why I love markets. Everything was calm. There was no volatility to speak of this year. Then BAM! Stocks are tumbling around the globe. Investors are recalibrating on the fly. People are worried about a recession, an AI bubble bursting, the Fed’s inaction, the labor market, the Yen carry trade and a whole lot more. The VIX went parabolic out of nowhere: chart The S&P 500 is still only 7-8% off its all-time highs. We’re not even technically in correction territory yet there was a real sense of panic in the markets on Monday. I am ... (full story)
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- Posted: Aug 6, 2024 3:40pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,579
