Is there Gold in them there hills? Or, is the S & P 500 Really trying to break support?
That we can always morph from a market event to an economic event, it's reasonable to say that the recent decline in the S&P 500 index is not too different to the draw-downs we have seen during market corrections in recent years. The magnitude of the recent dip is not too unusual at all, even if the speed and breath have been quite tough.
Watch this space.