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Subj: Re: What's bothering you about Trump?
Posted: Sun Feb 04, 2018 at 10:28:12 pm EST (Viewed 756 times)
Reply Subj: Re: What's bothering you about Trump?
Posted: Sun Feb 04, 2018 at 09:06:44 pm EST (Viewed 671 times)
Yes, it did. A correction was likely after the large gains we've had. Big moves such as these rarely taper off gradually before going a little beyond reality. Optimism will carry things a little too far, and the market corrects. That's what happened.
But the numbers are irrefutable. The Dow Jones was in the 18,000's on election day, and ended Friday a little over 25,500. So even with the correction, the market is still way up.