It took a mere 22 days from February 19 for the S&P 500 to decline by 30%, the fastest correction in history. The second fastest was the 1934 and 1931 market corrections, which took 23 and 24 days respectively.
On the upside, the S&P has recorded a return of 37.7% from the bottom over a 50-day period, marking it as the fastest rebound in history. Meanwhile, economic data is still expected to show an economy that is severely damaged by the Covid-19 pandemic. This affirms a widely recognised fact — the stock market is not the economy.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
ISAAH MHLANGA: The stock market is not the economyWhile economic data is expected to show severe damage, the bourse has roared to pre-Covid levels
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »
ISAAH MHLANGA: The stock market is not the economyWhile economic data is expected to show severe damage, the bourse has roared to pre-Covid levels
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »