Is Stock Market Crash 2.0 Imminent?

This has been a "buckle up and hold on" type of year for investors. The unprecedented coronavirus disease 2019 (COVID-19) pandemic created a level of panic and uncertainty that Wall Street had never contended with before. Ultimately, the broad-based S&P 500 (SNPINDEX: ^GSPC) lost a whopping 34% of its value in just 33 calendar days. For context, it's historically taken the S&P 500 an average of 11 months to shed 30% of its value during bear markets.

However, Wall Street and investors have also witnessed the strongest rebound from a bear market bottom in history. Following the S&P 500's March 23 low, it took it less than five months to reclaim a fresh all-time high.

But just because Wall Street has seemingly shrugged off the wildest bear market ride in history doesn't mean equities are out of the woods. A trio of big down days between Sept. 3 and Sept. 8 served to remind investors that volatility hasn't gone anywhere, and neither has the coronavirus.

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Source Fool.com