This current market condition should not have caught any one of my readers off guard, or at the very least, surprised anyone, since I have been speaking about and warning that the market conditions of 2018 would not look anything like 2017, and that IF we turn out a 4-6% return by year's end, I would consider it a home run.
Monday was met with a sizable down day in the markets. Bonds had their effect on stocks as the Yields in the 10-year Treasury increased above that of stocks. As the discussion on interest rates continues its way into the spotlight, we could see more of this kind of market reaction in the short-term unfold.
Down markets are inevitable, both as part of the normal cycle and due to specific events. Studies show that investors who panic and react to these market events often underperform.