The market has been on such an insane run that even after losing over 1500 points in the recent sessions, the DOW is only back down to about where it was in mid-November 2019.

Chart here: www.cnbc.com/quotes/?symbol=.DJI

Obviously, it can keep falling if coronavirus continues to spread, I get that. But I wonder if part of this isn’t JUST the virus, although that was the major causative factor. I think people were generally thinking this market needed a bit of a correction, and the virus, while a major danger to markets in its own right, provided everyone an opportunity to unload all of their anxieties.

We’ll see how far down it goes.

 

 

h/t myothercarisnicer