(Jhaan Elker,Heather Long/The Washington Post)The stock market is having a panic attack. Historically, the stock market has gained 8 percent, on average, in a year. Ed Yardeni, a longtime stock market analyst, points out that the current bull market has been going since March 2009. “As jarring as the correction has been, the stock market is not the economy,” said Diane Swonk, chief economist at Grant Thornton. To sum up, the stock market dip looks like an overdue reality check on how high prices were on Wall Street.
Source: Washington Post February 05, 2018 23:41 UTC