direstraits posted:Economists have predicted a 7 to 10 percent correction for a couple of weeks. Its arrived -- 6 percent, so far. I've forwarded a couple of buys to my broker. I like buying stocks on sale.
That's probably the right move; I suspect that Wall Street threw a brushback pitch at Jerome Powell so that interest rates climb just a few basis points at a time. Kraven's brokers and insiders are probably hoping to pick up some good buys from shaking out the fearful investors from the market. Bonds still aren't a good buy yet.