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China and Japan down almost 3% right now. Think about this...granted we needed a correction and were due, but all of this violent selling and panic started because wage growth picked up just a smidge, jobless claims dropped and interest rates on the 10 year ticked up a whopping .3%
So because more people are working
And
People are making more money
And
Rates ticked up from an already low, low level of 2.5% to 2.8%
The market reacted by having some of the most violent and volatile sell offs, i.e. taper tantrums, in history
You'd think the ****ing world was coming to an end tomorrow
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