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Why This Correction Is Painful for Investors

Ricky Cove
Why This Correction Is Painful for Investors

The correction in equity markets across the globe in recent weeks has left everyone wondering what led to such a sudden drop. Although there have been calls for a correction for quite some time, the sheer depth and pace of the correction surprised investors. An impressive $13.6 billion was pumped into the SPDR S&P 500 ETF (SPY) during January, followed by the iShares Core S&P 500 ETF (IVV) and the iShares Core MSCI Emerging Markets ETF (IEMG) with inflows of $6.3 billion and $3.2 billion respectively.