A Short History of Stock Market Pullbacks

There’s a lot going on in the world right now. War, spiking oil prices, higher energy costs, rising inflation expectations, a potential pause in Fed rate cuts, the AI buildout, a slowing labor market, the software apocalypse and more. And the collective response from the stock market has been a relatively shallow correction thus far. The S&P 500 was down just 6.8% from the highs at the lowest point this year: I...