NPR this morning was even saying this does not reflect any “news” or economic bad news in general. They saw it as a blip and probably brought on by profit taking, a “correction”, and fears that the economy is so good that it is increasing fear of higher interest rates.
The fact that they are not blaming Trump is perplexing. There is a lot about this that doesn’t make sense. It would cause me to get out if I was in.
Strange, indeed. I’d read here, yesterday, that NPR WAS essentially blaming Trump...and that the hosts sounded giddy.
Maybe someone explained how the market works, to them. Maybe Mark Cuban calmed them dow.n :-)
Good to know they got it right, finally.
Yesterday, NPR and the rest of the Fake Media are all beside themselves - with glee - over the falling market. Blaming Trump.
Last night, on FoxBiz, the hosts mention (at end of one of their shows) how odd it was that Yellen would even mention the market needing a correction...on HER WAY OUT THE DOOR.
Then, this morning, NPR now (correctly) saying that '...it is a blip and probably brought on by profit taking, a “correction”, and fears that the economy is so good that it is increasing fear of higher interest rates...'
Is NPR's sudden tune change a coincidence? I think not.
Fake News NPR not wanting Yellen to take the blame for this fall.
My 2¢