Last week’s stock market gyrations had the media all in a tizzy — for all of a day. By Tuesday, markets had more or less rebounded, and now it’s as if it were all a bad dream.
The brief panic is why the ups and downs of day-to-day trading are not really news. The markets are inherently designed to fluctuate. And last week’s dip, market analysts say, was long overdue.
A more reliable pulse of the market’s health is when it’s taken from a months-long perspective, or better yet, years out. Over the past five years,…
