long. the market was headed in one direction for way too long and investors have been calling for a correction, which is a 10% drop from the recent peak for quite some time now, and that's what we're seeing. layer on top of that inflation fears and the fact that the fed may raise rates faster than expected, and you have this kind of a fact because investors are expecting people to perhaps come out of stocks and buy those bigger yielding assets in that regard. we'll have to wait and see what happens from here, wolf, but right now. leslie on the floor of the new york stock exchange. thank you very much. jim is here. a tax reporter for the "new york times." was the market due for a correction? >> probably. it's been a great last year for the market, even with corrections in it. the market goes up and go down.