The largest weekly decline since 2011, leaving the unmanaged stock market indexes close to “correction” territory.
What are the reasons? China, Oil, Disappointing Profits, 200 Day Moving Average, and Interest Rates.
In a follow up video this week, I’ll start to dissect each and give you my opinion about the long term effect of each.
I like to look at long term effects, not short term gyrations. The fluctuations have always been there, and always will be.