Monetary Policy Can't Prevent a Recession or Bear Market This Time Around

There's no two ways about it -- it's been a volatile, and occasionally brutal, past three weeks for investors.

Since Feb. 19, which is when the benchmark S&P 500 (SNPINDEX: ^GSPC) hit its all-time closing high, the 123-year-old Dow Jones Industrial Average (DJINDICES: ^DJI) has logged its three biggest single-session point gains, as well as six of its 11 largest single-day point declines in history. This includes the Monday, March 9, meltdown that saw 7.6% wiped off the value of the S&P 500 and nearly 7.8% erased from the Dow.

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Source Fool.com