Surprised By Last Week's Sell Off? You Shouldn't Be & Here's Why

In markets (and in life), I like to keep things simple and want to begin by reiterating my cautious stance (first expressed before the big Aug 2015 sell-off). Stocks fell last week because the stock market topped out and the easy money from the Fed is gone. To reiterate what I have been saying for years: the primary driver of this entire 6.75 year bull market was easy money from the Fed and other central banks. Don't take my word for it, let's look at the facts and see how U.S. stocks performed ...