Kamis, 20 Juni 2013

Putting today's market action in perspective

Here are some different perspectives on today's decline in equity prices:

Drudge: "Dow Dives Deep," "Year's biggest selloff," "Fed fear."

Bloomberg: "S&P 500 Posts Biggest Drop Since November 2011 on Fed."

Here's how I see it:

Yep, it's pretty scary. The recent selloff is so huge you need a magnifying glass to see it.

It's important to keep things in perspective.

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