Lack of Fear Means This Correction Isn't Over

It has certainly been a wild week for global markets. Following "Black Monday" (which was trending on Twitter) and Terrible Tuesday, equities had an immense two-day rip higher. Suddenly, after the bounce, everyone on financial media seems to be claiming the bottom is in, and equities are going to go higher. All is well! Amazing how no one said that on Monday or Tuesday. Always remember that narrative follows price. It always seems like something with hindsight was bound to happen, when in reality, no one ever truly can predict the future with 100% certainty, of course.