This is incredible:
— The Kobeissi Letter (@KobeissiLetter) July 18, 2024
The Magnificent 7 has erased a combined $1.1 trillion of market cap over the last 5 days, the most since the 2022 bear market.
This marks the 3rd largest drop in market cap on record.
By comparison, the worst 5-day stretch occurred in May 2022 when the… pic.twitter.com/ne89SMoHWm
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