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While that imbalance has now corrected itself, we continue to see instability in Brazil, Egypt, Turkey and South Africa, and severe corrections in Latin American and Indian currencies.
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But now the industry faces a severe correction — at a particularly difficult moment.
"The correction from that and the fallout from the credit meltdown globally probably portends a more severe correction".
Even if this turns out to be a severe correction, the situation may not be all that bad.
But the sale of this portfo lio comes as concern mounts that commercial property is heading for a severe correction.
At 150 bucks, if Tesla were to miss expectations, there would be a severe correction.
Our generation's experience went from the euphemism headwind to a subprime crisis leading to a severe correction of an October-long market rout.
In fact, if this slide stops short of the 20 percent mark, it will have been the most severe correction for the S.& P. 500 in recent memory that didn't morph into an official bear market.
You'd think that real-estate sites would be hurting right now, given the severe correction in the housing market.
However, this same standard appears to apply an excessively severe correction in some situations.
"Spain is going through a severe correction, so whenever there is drastic change, there are always opportunities, because things get oversold," says Tenerelli.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com