Sunday, October 12, 2014
Experts still see last week's market turmoil as a healthy correction, despite international turmoil
CNN Money is saying that investors, even long term, are probably better sitting tight during current market turmoil, in a piece today “Is it time to exit stocks?” by Heather long, link here.
Yet, experts say, we are overdue for a “correction”, the last one in 2011. No, we’re not near another major recession.
But international turmoil, with ISIS and various terror threats, and now the idea that Ebola or some other pathogen could create unprecedented disruption in normal lives, could rattle some investors.
The Dow had taken a 360+ point drop on Thursday and slid again toward the end of the day Friday.