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Market Rout Evokes Memories of Trading Before Lehman Blowup

  • Treasury yields spiked, stocks plunged and crypto went haywire
  • ‘I was glued to the screen,’ LPL Financial’s Krosby says
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3-Minute MLIV: Capitulation, Lehman Moment, Fed MoveSource: Bloomberg
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Quincy Krosby couldn’t wait for Monday’s trading session to be over.

“I was glued to the screen,” LPL Financial’s chief equity strategist said in an interview.