Has The Big Correction - or Worse - In The Stock Market Begun?
It's not beyond imagining that the big correction - or worse - in the stock market has begun. The media seems to think the impetus of falling stock prices is related to the U.S. government bombing Iran. But that may not be entirely accurate. Of course, this war with Iran could be an impetus, but it could also be the thing that triggered what we should have expected all along. Thoughts turn back to the long 3-year Bear Market in Stocks after the great Tech Bubble's air began to hiss around this time of year in 2000. Remember that one? Not many do. A 3-year Bear Market? Unheard of! And indeed that was the reaction at the time, as the initial downdraft began. So different than 2007-2008 when stocks cratered in a short period of time. But devastating to portfolios nonetheless. The point here: When things turn, there's usually some trigger. And Lord knows we don't mean to reduce this war with Iran to the status of a trigger. War is terrible. And we pray that it ends soon. Bu...