What Really Drove the S&P 500 Lower Nine Days in a Row

By Dr. Sonu Varghese via Iris.xyz

The S&P 500 recently had its longest losing streak in 36 years, falling for the ninth straight day last Friday (November 4, 2016).

This time the fall is a lot more muted – the index lost 3.1% over nine sessions compared to a cumulative 9.4% in December 1980. More recently, the longest sustained drop occurred during the heart of the financial crisis in October 2008, when the index fell for eight straight days and lost 23%.

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