Ok, ok, ok. Let’s all just chill out for a second and look at this. Yes, the Dow had the largest point loss today, but not the largest percentage loss. Look at October of 1987 for a real scare.
If you’ll see, we’re still at a higher close than we were 3 years ago.
Granted, I don’t know shit about shit. But, all this talk of breadlines and 1929 seems a little premature to me. Remember, fear sells newspapers. Unfortunately, in finances, it’s toxic and self-fulfilling.
