With US stocks off over 10% (as measured by the S&P500[1]) from their all-time highs reached in May, perhaps you’re wondering how the big-dogs are doing. You may be surprised.
After a remarkable run, the stock market has finally experienced some negative volatility. The last time we experienced anything like the past few weeks was in 2011. As you may recall, late that summer, one of the big ratings agencies downgraded the credit of the United States as politicians in Washington wrangled over raising the nation’s borrowing limit.
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