- Jul 5, 2014
- North Shore, MA
Happens more frequently than people think.
Market sold off by over 20% in Q4 2018 when Powell spoke on Oct 3rd and send panic about interest rates.
Market also imploded 35% in 2020 in the throes of covid.
Just part of the deal, never fun.
Both crashes only reversed when the Fed went Uber dovish. They’ll have to do it again this time.