Two key factors to keep in mind in the current situation are the underlying strength of the economy and the able leadership of the Federal Reserve.
Economic growth is healthy, and inflation and unemployment are quite low.
In addition, the Federal Reserve demonstrated in 1987 that when necessary it can handle market disruptions superbly, and eliminate negative fallout on the economy. Economic growth actually increased in the fourth quarter of 1987. The business cycle expansion that began in the second quarter of 1991 continues to produce economic and employment gains with no end in sight. This business cycle expansion is due to the hard work of millions of workers and business persons across this nation. As the Federal Reserve gradually squeezed inflation over the last 6 years, interest rates and the unemployment rate have both declined.