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DMB - Crisis Playbook: Panic Spreads In The Market
Dreyfus Municipal Bond Infrastructure Fund Inc.
The fear of loss and regret is real. Don't let it change your plan! Fear can do a lot of damage to the markets but it's a short-term determinant. A correction and even a bear market is a feature, not a bug of the public securities markets. Sure this could slow economic activity. GDP may even go into a contraction (two quarters of contraction are the definition of a recession). But economic momentum going into this event was very strong that it would take a significant stunting by this exogenous event to stop it.