When was the last time the market dropped 500 points? Yep, right after 9.11. Today’s events – we can blame China, but I don’t buy it – I sense the US markets were waiting for a reason to head for the hills. It reminded me of a few events in the tech world – 9.11, the dot com bust, the Asian flu.
Each of those events predicated major changes in the world, and certainly in my life and the lives of tons of folks in our industry. But this time, I’m not sure. It’s not like we have a ton of overvalued stocks out there in the web world, like we did in the late 90s, but….I’m still uneasy about where this might go. Are you?