i think the appropriate name for this event is "bear market"
what caused it? buyer exhaustion despite low interest rates
I think this should be called the Chicken Little Drop. And I really might enjoy it more if they would stop bringing the scary bears out of hibernation. Up is good, down is bad. I get it already. The first guy who celebrates the fact that change is good and creates opportunity for the swift and smart gets a gold star. And a share of stock in the next new thing. Courtesy of Swimr. Stop with the negativity!The key question now is what is the proper name or cause of this recent drop?
If we cannot find its proper name/cause, that would mean the current market could be still fundamentally OK!
What do you think?