The 2017 calendar year provided one of the most beneficial runs the stock market has endured in decades. It seemed like each new day brought a new record-high close. However, that wild ride upward had to meet an end at some point. There are a lot of reasons that markets can cool off, ranging from jarring events such as a singular, massive selloff to the geopolitical strife that riles the nerves of investors. In early 2018, the markets experienced a severe correction.
Investing in the stock market can be a nerve-wracking experience, to say the least. The US markets have been some of the most successful and powerful in the last century of human history, but the markets are never sunny every day. There are downs to correct the ups, and even when the markets seem invincible, downturns are lurking just around the corner. After all, the Dow Jones Industrial Average alone had a remarkable year in 2017, setting one record close number after another.