Just to keep things in perspective, here is the S&P 500 chart running from 1950. As you can see, there have been other bad times, but the market has always recovered, and the long-term trend line continues upward at about 8-10% per year.
I find it is never good to look at the 1-day, 1-month, or even 1-year charts – they can give you heart failure. Look at the long-term charts to see what is really happening.
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