Stocks are a lot less expensive than they were two weeks ago. Unfortunately, they are still far from cheap. Worries over how much the Federal Reserve will have to raise interest rates certainly helped get the tumble going. The wipeout in products that bet against volatility played a role as well. So might the automatic dumping of stocks by some so-called risk-parity funds.

Source: Wall Street Journal February 09, 2018 17:03 UTC