Could Last Year’s Yield Curve Have Predicted This Correction?
February 28, 2020 at 15:39 PM EST
U.S. stocks are in the red once again today, with the S&P 500 down almost 12% from its recent highs, signally a move firmly into correction territory. But what exactly does a correction mean for stocks and investor portfolios? The S&P 500 posted a peak closing price of 3,386.15 on Feb. 19,...