Market crash or correction? Here’s a little perspective before you panic sell
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Market corrections are anxiety-inducing, but they don’t always lead to long-term doom.
Yesterday was a brutal day for investors. Markets across the board were pummeled, with the S&P 500 seeing an over 10% drop during intraday trading (before recovering a bit in the latter part of the session). This led many to express fears we are entering a market correction at best, or at worst, a total market crash.