What's been really shocking is the violence of this correction. In 2008 we had a 50% correction, but spread over the entire year. We had bad months, but you coud see the weakness building up. Here we lost over 30% in the space of less than 1 month! In that sense, it feels worse.
March 19th, 2020 at 8:45 am
What's been really shocking is the violence of this correction. In 2008 we had a 50% correction, but spread over the entire year. We had bad months, but you coud see the weakness building up. Here we lost over 30% in the space of less than 1 month! In that sense, it feels worse.