Thread: Stock market plunges, with Dow down a record 1,176 points

Interesting timing. The market was the lowest while Trump was giving his speech. I am not a big believer in coincidence.

It was interesting, in fact, Fox News cut off his speech to go cover the market and as soon as they did, in just a few minutes it rebounded to half of the drop, then later in the afternoon fell again. It's just trading and correcting overvalued stocks competing with the much recovered bond market. When you can buy safe US treasuries and earn almost 3%, a lot of funds are going to diversify, sell some overpriced stocks, take the profit and reinvest in the bonds. That's what people were doing so 401 K's will still be fine, if not stronger with more safe bonds, and be more diversified.