Quite Correct by Aaron Elstein | Crain’s New York Business

Aaron Elstein, Senior Reporter, Crain’s  NY Business and Accountants Club speaker on December 2, 2015 opines on the stock market.

The stock market is “correcting”. I’m not entirely clear why corrections take place only when markets fall, but such are the ways of Wall Street.

Albany gets nearly 20% of its tax revenue from the city’s financial sector, so a bear market could really put a damper on plans to fix the subway system, build the Gateway rail tunnel and address other big-ticket programs. Read more