SPECIAL REPORT: Stock Market Meltdown? Flash-crash? No. This Is What Happened. (Video) | Economy

SPECIAL REPORT: Stock Market Meltdown? Flash-crash? No. This Is What Happened. (Video) | Economy: The MSM appears so surprised that the stock market has crashed, but the truth is that it isn’t a shock at all. In truth, this crash is way, way past due. If the Dow Jones industrial average dropped another 10,000 points, stock prices would still be overvalued. I have been warning and warning and warning that this would occur, because stock valuations always return to their long-term averages sooner or later. On Monday, the Dow was down a unbelievable 1,175 points, which was the biggest single day decrease that we have ever witnessed by a very wide margin. In truth, it destroyed the old record by close to 400 points.