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Just for some perspective, the current market cap of the S&P 500 is north of $15 trillion dollars. It can gain or lose $129B worth of valuation on a not particu
by twoodfin 11y ago
Just for some perspective, the current market cap of the S&P 500 is north of $15 trillion dollars. It can gain or lose $129B worth of valuation on a not particularly remarkable trading day.
Not that such a geographically and industrially concentrated collapse wouldn't be a big deal, and it surely would have broad secondary effects.