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Cross-Asset Focus

Liberation Day: A Historical But Unusual Market Turning Point

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Equities’ post-Liberation Day selloff was historic, but cross-asset signals make it an anomaly. The post-Liberation Day S&P 500’s three-day, 10%+ drawdown joined a list of major episodes that includes the March 2020 COVID-19 crash, the 2008 financial…

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