The following chart shows the depth of each instance where the S&P 500 fell more than 10% from an all time high since WWII:
So, if it's over, it ain't nothin! Or, I should say, in terms of magnitude it was the second sissiest correction in over seventy years.
In terms of length, if it's over, it takes the top sissy spot.
Now you know why we keep saying "don't hold your breath."
Charts source: Bespoke Investment Group
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