Two takeaways from today's market meltdown

Markets were down today, sending the US market to its worst loss since June. Given that I have been writing about downside market risk, I thought I would make a few comments.

First, let me say that one bad day isn't a big deal. In fact, because the rally in shares was so overextended, a pullback and consolidation could be viewed as healthy. Only time wil…

This post is for paying subscribers