Comments come via a CNBC reporter

Citing a senior White House official

  • this is a bull market correction
  • its probably healthy
  • this will pass
  • US economy remains strong

LOL

Look, if this dude (I am assuming its a dude) had have said similar any time in the past decade he would have been correct, despite all the doomers harping on and on (and on and on) about the end of the world every time someone hit a bid in the stock market.

Will he (or she) be right this time? Recent history says yes. But … there is always a but … Fed hiking rates, trade tensions rising, maybe this time the correction will be deeper. Dunno (ps. no one does)