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This Is a Market Rout Without Equal

June 18, 2022 · 4:01 pm ET · Leave a Comment

“You can look but you won’t find a stretch of futility as pervasive as the one that is landing on Wall Street,” Bloomberg reports.

“Even in the long and storied history of market meltdowns, the breadth of losses is without equal, based on data that goes back to the Great Depression. In five of the seven sessions through Thursday, at least nine in 10 S&P 500 stocks dropped, a record run of widespread losses.”

Bloomberg: The next crisis to hit markets may be about liquidity.

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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