That was one of the all - time classic bear markets, characterized by high inflation, high unemployment, high Treasury yields and rising inflation — as well as strong rallies followed
by sharp selloffs.
Not exact matches
For the record, another
sharp selloff in price would likely be accompanied
by higher volatility which could generate a significant loss fairly quickly.
Stocks suffered a
sharp selloff in the final hour of trading, weighed
by a violent downturn in tech stocks that pushed the tech - heavy Nasdaq index lower
by 2.9 %.