Global market volatility has returned:
World stocks erased a MASSIVE $4.1 trillion market cap last week, the largest drop in 2 years.
This is twice as much as the previous largest drawdown in 2024.
The US market alone accounted for ~54% of the market value drop.
The S&P 500 and the Nasdaq fell by 4.3% and 5.8% last week, marking their worst first four days in a September since 2001.
The S&P 500 also suffered its largest weekly decline since the March 2023 regional banking crisis.
It's a great time to be a trader.
