Is a 12% drop in the SP500 a lot? OF COURSE IT IS!! – But market movements need to be put into perspective. Before jumping off a cliff of desperation and fear, try to get some perspective on the recent horrible week we just “enjoyed”.
The Old Guys take a look at some stats that may mitigate that urge to jump away from your disciplined approach to the markets. And then pay attention for commentary when next month’s allocations are sent out in a few days. Perhaps you can save yourself from yourself.