All hell seemed to break lose last week, as the S&P recorded it’s worst week since the GFC back in 2008.
Yup, that’s the worst week ever in more than a decade, which also means that the sharp and rapid drop would’ve taken most market participants by surprise. Many newbie or less experienced investors would be caught in a web of emotions (mainly fear), as this is something they’ve never experienced before.
The indices dropped ferociously every single day for the entire 5 trading days of the week, and with almost every major global index being sharply down, many investors would’ve found their fortunes severely decimated within the mere span of 5 days.
DJIA dropped 12% within the week, and the 10 year treasury yields dropped to a record low, as the flight to safety came back with a vengeance
Already, globally, we are seeing negative forecasts popping up, with many
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