FBR 4.76% 4.0¢ fbr ltd

Another 1000 point drop in the USA; so probably my gut feeling...

  1. 655 Posts.
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    Another 1000 point drop in the USA; so probably my gut feeling is wrong. The other day I suggested it was partly due to wages growth and was roundly rebuked but this was the reason given again today in the Washington Post:
    "“The primary culprit was higher-than-expected wage growth in the January jobs report, which may have increased fears that the Federal Reserve would be more aggressive with interest rate hikes in 2018,” according to LPL"
    Still, even given tis correction none of my stocks have been hit hard yet.
 
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