The usual babbling heads of BS were on the Bubblevisions again saying that today’s market action wasn’t that bad and one of them actually broke out the word “Goldilocks” so much I thought that a ghoul from CNBC was going to jump through my screen and try to eat my IRA.
Just ugh.
This was the first trading day of the month and one statistic that stands out that this the worst first day of trading with a decline of more than 2% for any month since September 1, 2015.
9 freaking years.
In fact here is the list of all the months with those type of declines since the Great Financial Crisis:
Thankfully the “new” generation of investors are prepared for a real bear market until they are not.
Buckle up, the next 90 days are going to be insane.
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