Between a Stock and Hard Place

Wall Street CEOs seem pretty concerned that the market is getting overheated. So concerned that they explained why a downturn is to be expected and will be a healthy thing. Of course, they’re probably trying to move the market toward a healthy downturn to avoid a more dramatic one. The response from the market? Pretty dramatic. Goldman and Morgan Stanley CEOs predict corrections of up to 20%, sparking global selloff. Yesterday, my portfolio had my self-esteem at near highs. Today, once again, I’ve been put in my place.