Putting Thursday's Market Action Into Perspective

Includes: IVV, SDS, SH, SPY, VOO
by: Calafia Beach Pundit

Here are some different perspectives on Thursday's decline in equity prices:

  • Drudge: "Dow Dives Deep," "Year's biggest selloff," "Fed fear."
  • Bloomberg: "S&P 500 Posts Biggest Drop Since November 2011 on Fed."
Here's how I see it:
Yep, it's pretty scary. The recent selloff is so huge you need a magnifying glass to see it. It's important to keep things in perspective.