What happened? A little more than a week ago, on February 19, the S&P 500 closed at a record high of 3,386.16. Yesterday, it closed at 3,128.21, suffering a brutal -7.6%decline in only four days, and turning negative for all of 2020. Since last Wednesday’s high, $2.138 trillion of stock market value has been erased. And we all know the reason …
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