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Quote: I dunno. Supposedly the tax legislation led to rising wages. Which led to higher interest rates, which led to fears of inflation, which led to a plummeting stock market. Or at least that's what the analysts said today. So are we all better off now?
BS12, I’m on board with 99.99% of your analysis, but if you put your faith in the talking heads of CNBC and Bloomberg, you’re in for some pain. Those guys are there to sell adds and nothing more. Sell offs are a fact of life that are based largely on human emotion as opposed to logic.
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Quote: I dunno. Supposedly the tax legislation led to rising wages. Which led to higher interest rates, which led to fears of inflation, which led to a plummeting stock market. Or at least that's what the analysts said today. So are we all better off now?
Without a doubt we are. A market correction is just that, a correction and as we saw today it's already over.
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