CHAPEL HILL, N.C. (MarketWatch) — Could the U.S. stock market fall by 25% in four weeks’ time.
It might seem unlikely, but it could.
And that’s crucially important to remind ourselves of, even though most of you will dismiss it as trivially obvious and pointless.
Just consider what happened nine years ago this month: the bankruptcy of Lehman Brothers, declared on Sept. 15, 2008. It had been the fourth-largest investment bank in the U.S.; its bankruptcy was the biggest in U.S. history.
