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The stock market just did something it's done only 3 other times in the past 100 years — and it's not good

On Wednesday stocks got crushedand officially entered a "correction," defined as a 10% drop from recent highs.

This is the second time in the past six months that this has happened — remember, stocks fell 10% in August in just a few days — and these two corrections in such a short time don't look good, historically.

Any single correction isn't, in and of itself, a problem, but the speed with which stocks dropped into correction territory almost back-to-back has been seen only three other times in the past 100 years.

 

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