We all knew the market was too high. You would be hard pressed to find any observer who did not think that the market was poised for a fall. So, now we have our correction.
There is no sign at this point of a drastic fall in corporate profits, the main driver of stock prices. Except in the oil sector, profits are superb. This can and will change but it has not changed yet,
Ben Stein reports in The American Spectator.
© 2025 Newsmax. All rights reserved.