This is NOT the Market Tanking! A little perspective here, please.

The last year’s Dow Industrial Average

Since Donald Trump was elected the market has surged from 20,000 to over 25,000 today. Yes, it peaked for the year at over 26,000 points, and there have been a couple of corrections since then, but the market is still 25% higher than it was on election day. A 240 point correction represents less than a 1% fall, and it is probably just profit taking and will bounce back tomorrow. If it doesn’t that’s OK: I’m happy to settle for a 25% yield this year.

As I write this, the market is back to only 191 points down from the opening value: the sky is not falling!

Save “Market Tanks” for a fall of 20% or greater.

I work in IT, Community volunteer interested in Politics, support Capitalism as the best economic system for lifting people out of poverty, Skeptical scientist.

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