It was just a matter of time.

With Uber at $50 billion and Airbnb at $30 billion the markets need a big breather.

Hopefully, this boom is just on hold while we give the bears a ‘gig’.

On Fred’s Blog today he talks about the transition from a resource based economy to a service based economy. Read it.

We need resources like always but it’s been an enormous shift in productivity and resource usage and there is NO turning back.

The markets seem to marking this period with it’s own panic of sort. We are witnessing an all-time high in the volatility of volatility. On the Stocktwits blog we take it apart for you.

Here is a chart for people that don’t want to read:

ICYMI>ChOTD-8/27/15 Volatility Of Volatility Flies Off The Charts $VVIX $VIXPost: http://stks.co/r2leW

— Dana Lyons (@JLyonsFundMgmt) Aug. 28 at 02:48 AM

I am likely form fitting the reason for this mini crash because the prices speak for themselves.

I like the idea of being a service based global economy over resource based and the consumer and ‘social leverage’ are what will continue to drive this boom. I do hope our governments can figure out a way to support this gynormous boom opportunity with better infrastructure and use of funds. In in these transitions which the stock markets mark, they become the wildcards in how steep or shallow these corrections last.