August 5 and 14 of 2019 have seen the 7th and 8th largest point drops of the S&P 500 ever recorded

submitted by magnora7 from (en.wikipedia.org)

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[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

You're seeing large point drops because the markets are at all time highs but relatively speaking not large percentage drops.

That's true, but it's still noteworthy, I think. They're like the 100th biggest percentage drops or something like that, and to have two so close... doesn't look like a stable market to me. It's just another canary in the coalmine

[–]sodasplash 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Do you remember 2014?

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Yeah and I remember 2011. But I also remember 2008.

[–]sodasplash 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Which is the problem.