FYI: On Oct. 10, 2018, the S&P 500 Index fell 3.3%. The 11th wasn’t much better, with the index dropping a further 2.1%, producing a two-day loss of 5.4%. These drops occurred without any bad economic news. In fact, Federal Reserve Chairman Jerome Powell indicated it was the Fed’s view that the economic recovery was robust. And most economists are forecasting continued strong growth into next year.
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/swedroe-29?nopaging=1
