Obviously if it keeps going down, that’s bad. But it looks like it’s at a support level and still much, much higher than it was 5 years ago. (Using SP500 as a proxy for the market at large)
In: Economics
It’s only bad for people who day-trade and who buy/sell high risk options. For the majority of people who just have 401ks or index funds, it’s not bad at all. If anything, it’s good because it’s an opportunity to buy more at lower prices.
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