Today, the market continued its tortuous path of the last two weeks, falling sharply virtually the entire day with the DJI ending down 326 points, the S&P 500 down 2.3% (it’s worst day since June 20, 2013), and the NASDAQ down 2.6%.  We are now down about 6% from the S&P 500’s high on January 15.  A drop of 10% is generally thought of as correction, so we have another 4% or so to fall. 

david / Tag: AFSI, TPRE, LAD / 0 Comments