Far From Unprecedented: Nine Selloffs Like This, and Nine Rebounds
- Prior losses in the S&P 500 Index proved to be short-lived
- Concern over China and EM in general, eco data triggered dips
Barclays Says Rout Will `Shake Out,' World Economy in `Great Shape'
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The selloff that’s been battering investors for nine days feels like the worst thing ever -- it’s far from that.
Nine times since the bull market began in 2009 have equities experienced stretches as gruesome as this one; each time the end of the world was averted.