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Welcome to the Deflation of Asset Prices
This December has seen the worst December stock market beginning since December 1980. And the Dow and S&P 500 are on track to turn in their worst December performance since the Great Depression in 1931. Our Chief Equity Strategist and Economist, John Blank, says while it’s getting ugly out there for risk holders, we’re still just seeing a garden-variety valuation correction.
That’s the latest from Chief Equity Strategist and Economist, John Blank. With John, I’m Terry Ruffolo.