Markets Still Panic, We Still Don't
Something I Tweeted last night and also kind of a repeat from yesterday's blog post;
The bear market that starts after this one, will be starting from a much higher level than where this one started.
Then this comment which I have said before but had occasion to say earlier today;
I have no idea what direction the next 20% will be but I know what direction the next 100% will be.
Relax, enjoy the weekend, enjoy Christmas if you celebrate it, watch some football and get some exercise (preferably outside). Regardless of whether this is serious or not it will end (stop going down) at some point, probably for no reason at all and then it will go on to make a new high. The only variable is how long that all takes.