Morning Reading, Correction Edition


“U.S. stocks were up nearly 400% in the 1980s. All anyone remembers is the 1987 crash.” (Ben Carlson)

“Corrections come a lot slower than anyone expects, but once they happen they escalate faster than most could imagine” (Ivanhoff)

“Indices have a tendency to come back, stocks are a different story, most don’t make it.” (Frank Zorrilla)

“What multiple would you pay for the earnings of a public company’s stock if it was never going to drop?” (Josh Brown)

“Pullbacks are part of the game” (Ryan Detrick)

“Watch out for the ‘I told you so crowd'” (David Fabian)