With each passing week, March 17th looks more and more the bottom of the current stock market bear market (peak to trough, the S&P 500 fell 19.7%, the NASDAQ and most international indices fell over 20%).
Read MoreThrough March 31st, S&P 500 declined 9.4% YTD and the NASDAQ declined 13.9%. Stocks looked into the abyss on March 17th.
Read MoreFrom a near record close on October 31st, the S&P 500 plunged 6.1% QTD, mostly in the last 24 hours. Hardest hit are the financial service stocks, with notables such as Citigroup down 29.5% QTD, Merrill Lynch down 25.1%, Freddie Mac down 23.9% and two of our long time favorites AMBAC down 60.8% and MGIC Investment Corp down 42.2% QTD.
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