Quote Originally Posted by Beskar View Post
On that note...
"largest point drop in history"
https://www.usatoday.com/story/money...eek/306400002/
It dropped because the economy is doing well. Wall street logic is not common wisdom.

Very low unemployment coupled with the best wage growth in years might lead to just a bit more inflation. This would cause the fed to make money more expensive to rent. So some of them are panicking that the gravy train won't have quite so much suet in it.

They'll get over it, and the drawback is probably healthy so that it doesn't bubble over too much. A few more investors in bonds etc. will be a good thing. There are too many strengths for this to be more than a correction.