Lot's of sell-off:
http://www.baystreet.ca/articles/market ... 174/020518Hard to say what's behind it all. As Crim said, if anyone really knew, they'd be rich. Instead, a few people get rich by pretending they know, and making money off both buys and sells... so, yay for them.
Generally, when the economy chugs along for long enough, inflation tends to kick-in (if people are making more money, on average, shit will cost more money), and interest rates are increased in response (to increase the cost of money and keep inflation in-check). Also, as more and more money is poured into stocks, the price of stocks tends to keep riding upward until a tipping point is reached where the value of any given stock is beyond what is sustainable based on the fundamentals of the companies behind the stocks.
It could therefore be a round of profit-taking, where money is pulled from stocks and sunk into safe, low-yield, things like bonds. Stock indexes are still very high, even compared to a year ago, so I've heard the word "correction" used. The dreaded word, "bubble" hasn't really been tossed around; there doesn't appear to be a shitload of money in a massive market driver/diver like tech (the .com bubble) or real-estate/debt (the 2008 bubble).
The one problem today is rates can't be raised very quickly because the rate of consumer debt is... despite tightening of mortgage rules (at least up here in Canada)... troubling. Tick interest rates up a few notches - and forget about the double-digit rates I remember from a few decades back - all hell breaks-loose.
Here is an article with a bunch of words.
http://business.financialpost.com/inves ... -than-mostMeh. Markets are anything but rational, so who the hell knows?
A quantum state of signature may or may not be here... you just ruined it.