Yesterday saw what can only be described as a precipitous drop in the stock markets: The Dow dropped by over 400 points, and the S&P fell to its lowest point for the year. With markets already reeling and battered by bad news, it can feel like we are going through another 2008. While there are many reasons to worry, there are also reasons to think that this will be a soft patch, and a temporary setback rather than another crash:
This past month has been no stranger to bad news. From fiscal issues, to political hurdles, to economic woes, August saw it all—and we would be lying if we said we are not relieved to finally be turning our calendars to September.
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