Markets tend to temporarily wobble, and then return to their prior behavior. So don't panic or make any decisions based on your knee-jerk emotions.
More Quotes from Barry Ritholtz:
When Greenspan spoke the market rallied, and when he stopped it gave the gains back.Barry Ritholtz
We see inflation rearing its head across the board. Contrary to what a lot of people have been saying, it's not just energy.
Barry Ritholtz
It was a matter of time before the core rate started feeling the effects of increased energy and commodity prices, ... Maybe it's aberrational but maybe it's the start of something more significant.
Barry Ritholtz
There is a lot of economic news to digest between now and the next meeting. If we see economic signs that are positive, then that would encourage the Fed to stay on the course of gradual rate hikes, but if things slow down then maybe they would skip a meeting or two.
Barry Ritholtz
The budget deficit is going to have to go up over the next three to seven years.
Barry Ritholtz
I'm looking for really good earnings, and I don't know that it's going to juice the market all that much. In order to go significantly higher, what's the catalyst
Barry Ritholtz
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Based on Topics: Decision Making Quotes, Emotions QuotesBased on Keywords: knee-jerk, wobble
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