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Up by the stairs, down by the elevator!!

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monoply

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28/02/20

14:25

Post #: 43216051
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Originally posted by 1ronnie: ↑

With just 6 trading days passing between last week's the all-time S&P500 high and today's 10% correction, this was the fastest correction from a peak on record.

This means that in under six trading sessions, the US stock market lost half of its massive (mostly post-QE4) gains from all of last year.

Even more amazing, is that in under a week the S&P has lost a third of all its peak gains (which hit 62% last week) since the Trump election!

The only question now is what will Trump do - besides more jawboning that the US is extremely well prepared for "whatever this thing is" - to prevent even more furious losses in the market

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Up by the stairs, down by the elevator!!
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0 Great analysis

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