Obviously if it keeps going down, that’s bad. But it looks like it’s at a support level and still much, much higher than it was 5 years ago. (Using SP500 as a proxy for the market at large)
In: Economics
What is concerning is the pace that it dropped and how massively the volatility index spiked. It is also concerning that utilities and treasuries have been rallying during this period, which is a classic risk off move that big money does during market downturns.
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