Market's, corrections, and depressions.

I don't give investment advice, but I do know some economic history. So, let's all take a deep breath about the market(s), people.

1. A correction was long overdue

2. Like I say about my medical numbers these days, it's about trends not data points. One hot day is not climate change. Stay the course.

3. Stock market crashes tend to trail other indicators of recession. They are an effect, not a cause. The Oct. 1929 crash happened months after the economy turned into recession (which means contrary to what you learned in high school, the crash did not cause the Great Depression). The same is true with the crash in the fall of 2008. This is not a crash and there is are no indicators that we are, or have been, in a recession. Again, corrections happen.

4. Ignore the absolute numbers, note the percentages.

5. If you're younger and in this for the long game, there's probably bargains to be found.

6. And stop blaming/crediting presidents. They get neither.