...Just the Beginning.
To put this into perspective, this is more than the value of the German stock market. NVIDIA alone has shed nearly $600 billion.
Column 1 0 The world's most famous group of stocks has erased $3.3 trillion in market value since its peak and is trading at its lowest level since September. 1
Column 1 0
In other words, 6 months of gains have been erased in just a few weeks.
This trade has been way too crowded and it looks like investors are running to the exit.[/table]
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