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Bloodletting
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Bloodletting

A period of severe investing losses.

Notes:

The term comes from a medieval medical practice that involved bleeding out a patient. It was believed that afflictions resided in the blood and could be eliminated by draining away a large quantity. Thankfully, this practice has been abandoned.

See also: Bear Market, Capitulation, Correction, Dead Cat Bounce, Falling Knife, Flight to Quality, Panic Selling, Recession, Torpedo Stock

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