- The S&P 500 started the year with a bang, scoring a record high the first week.
- Since then, it’s been all downhill with the index close to falling into bear market territory.
- Shell-shocked investors wonder how this happened so fast.
The year started with great optimism, with S&P 500 index touching a record high in January. Since then, it has been all downhill, with the index suddenly flirting with “bear market” territory, or down at least 20% from its peak.
Shell-shocked investors now look at their portfolios and wonder: What happened in these five short months?
