The worst stretch of stock market volatility in a year left a relatively light mark on benchmark indexes, all things considered. But for risk appetites, the impact was deeper.
Trader nerves were repeatedly raked, first by coronavirus angst then with a new tone of hostility from Federal Reserve Chair Jerome Powell. It added up to one of the bigger challenges yet to the unhinged buoyancy that has defined virtually the entire pandemic era in markets. Hedge funds weren’t waiting around to see how things turned out. They bailed at the fastest rate in 20 months.
"Market" - Google News
December 04, 2021 at 04:10AM
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Two Years of Market Swagger Go Missing in Week of Stock Upheaval - Bloomberg
"Market" - Google News
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