COMMENTARY
MORGANTOWN, W.Va. — As the stock market took a swan dive last week, economists were quick to point out that we were not experiencing a crash, but a correction.
After glancing at your 401k account you may not care to distinguish between the two, but the idea is that the market was operating at such a high that it was destined to come back down to previous levels at some point.
We’ve reached that point, though it would apparently take a few more weeks or even months of dipping to quantify it as something worse.