What can we read into the stock market dive of late?
It’s just a sign things are getting back to normal.
According to the Richard Cripps, Chief Investment Officer at Stifel Nicolaus. “There have been ninety-two corrections of ten percent or more since 1928, or one every eleven months.” In April he said a 10% correct as likely to soon occur, based on historical precedence. “We are due,” Cripps said.
And it did.
How should the business owner respond to this troubling drop?
Ignore it.
We’re not going back to 2009. The recovery is at hand and its time to spend again on growth. Add sales staff; boost marketing; ask for the order. Don’t let the storm clouds discourage you. It’s time to sow the seeds that will provide you with a bountiful harvest as the economy continues to recover and expand.
