What's behind falling stock prices?

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Global equity markets had started to wobble in the early weeks of 2018 with a nine-day drop of 9% after a nine-year gain of 227%. Despite the gloomy overtones, many equity investors were happy to take a 10% drop in the S&P 500 as another cue to buy, as they had on numerous occasions since 2009 whenever prices had faltered.

 

As 2018 nears an end, the benefit of the doubt has swung in the opposite direction...

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