Markets always sell off in the October of presidential election years. This was widely predicted. Those of us who put the indices are feeling quite satisfied. A couple more days and time to cash in. After the election hubbub subsides, the market will recover and move on to the Christmas rally.
Yep. I sold off a majority of my holdings several weeks ago. So did my wife. Too much scent of a crash coming. When the market bottoms and begins recovery we'll move cash back in. 33 years ago was the big crash of October 1987. Things don't go well in the market during October.