FYI: I’m old enough to remember a handful of Jan-Feb sell-offs in recent years because it snowed too much. True story.
Or a quick 11% ripped out of the S&P 500 because China did something with the yuan one day. Or a 6.5% “Taper Tantrum” because Bernanke sneezed into a microphone somewhere. I remember everything – the details and the feelings I felt in those moments. It’s helpful.
So today, for the first time since who know, we get a taste of what happens when volatility comes back. If you’re panicking today, then you don’t even know what a correction is.
Regards,
Ted
http://thereformedbroker.com/2017/05/17/you-dont-even-know-what-a-correction-is/
