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The Week in Markets: How Should We Think About The Recent Market Correction

Beyond Markets

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The US Stock Market Tumbled Last Week

Stocks tumbled last week with the S&P 500 down 2.3% or the NASDAQ suffered a drop, slightly more of 2.8%. The US market is close to 20 times forward earnings and this is 25% above its 20 year average. September is traditionally the weakest month for US stocks. For macro data, it's a relatively quiet week this week.

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