Puzzled.  I think the market is trying to get a bit too cute in pricing.  Economic growth is close to ideal level of around 3%, inflation is low, employment improving.   Yes, the improving economy means that the Fed will reduce it's activities in the future, but not yet and in any case they would pull back in the face of a better economy.  So, there may be more of a pullback, but I will buy some more into the sell off.