S&P 500 companies just shed over $3 trillion in combined market cap today.
That's not a correction. That's a vaporization.
When the entire index loses that much value in a single session, it's worth asking what changed. Was it a macro shock? A policy surprise? Or just overleveraged positioning finally unwinding?
Days like this separate the traders from the tourists.
That's not a correction. That's a vaporization.
When the entire index loses that much value in a single session, it's worth asking what changed. Was it a macro shock? A policy surprise? Or just overleveraged positioning finally unwinding?
Days like this separate the traders from the tourists.
