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Pesqueeb

bicycle in airplane hangar
Feb 2, 2007
41,752
19,057
Riding the baggage carousel.

JohnE

filthy rascist
May 13, 2005
13,540
2,162
Front Range, dude...
Jitters. Market has been flying high recently and considering economic indicators are strong (sure, interest rates went up, but not enough to drop it this much), I see nothing other than the political turmoil that could have caused most of this.
You seem to assume that the behavior investors is rational. It isn't. If you're investing for the long term, however, recognize that crashes happen and can be ridden out.
 

stoney

Part of the unwashed, middle-American horde
Jul 26, 2006
21,995
7,870
Colorado
You seem to assume that the behavior investors is rational. It isn't. If you're investing for the long term, however, recognize that crashes happen and can be ridden out.
The market can remain irrational far longer than you can remain solvent.