Jamok, there are so many possible explanations for the fall. I don't just mean the obvious growth fears, because the market has climbed that wall of worry for a long time. The FANG type stocks, and how sad is it that they even get an acronym, like why bother with any sort of due diligence, just buy FANG every day, those were the last bastion of strength. Those winners were immediately sold off at the start of the new tax year, so what's left for leadership? So add in leverage, fear that the dip wasn't promptly bought, and throw in a dash of losing faith in central bankers, and a rapid sell-off doesn't seem that surprising. Like you said, baby and bathwater. I am surprised how long it's taken to form a relief rally though, which should recover maybe half the losses before the selling resumes. Maybe yesterday was the start, recovering from the lows and green so far today.

I laughed at the comment in some article I saw this morning, saying the EU didn't so much kick the can down the road with Greece, they kicked the can uphill so that it keeps rolling back down, and it's indicative of their failure to really deal with problems, which is scary now considering the migrant crisis.

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