60% of S&P 500 Stocks Are Now Down 20%+
There’s a major discrepancy between the S&P 500 and the value of most companies in it. The S&P 500 remains remarkably close to its record high, but a closer look shows the index’s damage has worsened considerably over the past several weeks. According to data compiled by the Kobeissi Letter, more than 60% of…
