Well, this looks bad…..
Right up until you do this –
It is interesting what a little bit of context with regard to short term noise does to our perception of events. I understand that that the somewhat overwrought financial media does need to fill column inches or whatever the internet equivalent is. I also understand that markets go both up and down. But not every movement down is a crash nor a cause to wet oneself and collapse on the floor in a state of panic.
All bull markets eventually end that is just the natural cycle of things but no one knows when that might be. However, if you claim the sky is falling in on a regular basis ala Robert Kiyosaki then one day you will be right. However, when it comes to financial journalism you should remember that journalism is hard as shown by the headline below.