Media in panic as Dow Jones in 1,000+ POINT FREE FALL and here’s why it’s falling….

by The Right Scoop

Right now the Dow Jones is plummeting enormous drops in real time. It’s all over the news right now in big bold numbers now social media is going nuts. I keep getting breaking news alerts on my iPhone.

The biggest drop so far today has been in excess of 1500 points:

Now of course the Dow changes within the day and right now it is hovering around the -1,000 mark.

But the reason I’m posting on this is to provide some explanation for the big drops we are seeing in the stock market.

In the video below, an investment strategy expert explains that the falls we are seeing today are expected as the market corrects itself from uninterrupted growth over the last year. You don’t have to watch the full video, just the first minute or two:

I know very little about the stock market and my first thought was if this had to do with the Republican memo that came out on Friday. But according to Zirin, the growth that we’ve seen in the last two years is unsustainable and the market is correcting. Now he gave this advice earlier this morning when the Dow had only dropped 300+ points. But he seemed quite optimistic that these are just corrections ant now the end of the growth cycle.


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