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It's just a correction. Unless it isn't, in which case it might be a massive bubble bursting, followed by recession or even depression. Everyone wants to know,
by jfengel 1y ago
It's just a correction. Unless it isn't, in which case it might be a massive bubble bursting, followed by recession or even depression.
Everyone wants to know, so it's always news. Even though it usually isn't.
- ajross 1y agoExactly, the headline sort of paradoxically reflects the desire for news, and not news itself. But still, the actual stock market behavior right now is PROBABLY (!!) more reflective of random motion than it is of a fundamental shift in investor behavior. Unless it isn't.
- matltc 1y agoI don't think NASDAQ is technically in correction territory yet; I believe that would mean it's down 10% from its high