The stock market has not been pretty as of late. All three major US indexes are in or have at some point recently dropped into correction territory, which is noted as a 10% drop. Some stock market predictions are coming out that are driven by pure fear.
The bulls that drove the stock market to more than double over the last few years have taken a break, and the bears have been more than happy to step in and finally be right. However, I think that there are some who are way off the mark.
Is This 2008-2009 All Over Again?
There are many out there who will happily tell you that the stock market is headed for another crash like the one that happened in 2008-2009 when the markets lost over half their value in about an 18 month period.