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$NDAQ down 5% right now, that's a rough day. Is this how it felt in 2000 and 2001?
We are in really crazy market conditions right now. Daily moves like this on no new news...
I was only single digits years old at the turn of the millennium but I'm gonna go with no--it probably felt much much worse. The Nasdaq has fallen 23% since November 2021 while from March 2000 to September 20221 the index fell 65%. So not even close.
Fair, but we are still in unprecedented times, so never know what future has in store.
Seems like the market does not like rate hike