Altogether, the global stock markets lost $2.3 trillion in market cap in the first four days of 2016, according Michael Hartnett, chief investment strategist at Bank of America Merrill Lynch. Some $12 billion in funds fled U.S. equities, the largest in 17 weeks, he said. Tech-focused funds were the most severely hit, with $600 million exiting, the biggest in 19 weeks.
So far its a similar drop to the one back in august but hardly anyone is saying its just a correction this time. Maybe we will really go down for awhile.
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