The US equity market is suffering its worst start to a year since 2009…
In the space of just six days, we went from record high to a ‘correction’ (over 3,000 Dow points and down over 10.5%)…
What is most ominous is the fact that, as NatAlliance Securities reports, « This would be only the second time in history that this has happened. The other? 1928. »
In other words, the only other time the Dow Jones entered a correction this fast from an all time high was months before the start of the Great Depression.
