It’s the moment of truth for stocks — and investors might not enjoy what comes next.
For a moment this past week, the stock market felt like it was already there. On Thursday morning, the S&P 500 index, down 19.6% from its closing high, was inches from entering a bear market. The Nasdaq Composite, home to tech stocks that had driven the bull market, was plunging. Even Bitcoin joined the pity party by breaking $ 29,000 and falling to near $ 25,000. Everything seemed on the verge of collapse.
But …
