Reuters (August 5)
2024/ 08/ 06 by jd in Global News
“The market tumble presents a dilemma as another week of trading is set to unfold.” While buying “during periods of weakness has rewarded investors over the last two years,” with the S&P 500 climbing roughly 50% its low in October 2022. Today, however, “buyers of the dip risk being steamrolled if recession fears grow following last week’s run of alarming U.S. data”, especially as the “S&P 500 has fallen an average of 29% during recessions since World War Two.”
Tags: S&P 500
