You made it through one of the most volatile weeks of the last few years. That deserves a self-congratulatory pat on the back. On Monday, the S&P 500 dipped about 5% alone, and the Dow fell by 1000 points immediately at the open. It was a reckless day, with securities across the board halted by circuit-breakers, and some discount brokers having difficulty even placing orders. According to the Wall St Journal, 80% of the 1,279 trading halts reported on Monday were for ETFs, indicative of these investing vehicles’ proliferation over the last few years.
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