WATCH: The week in perspective

Michael Avery and guests put the week in perspective

The European Central Bank headquarters building is seen in Frankfurt, Germany. File photo: REUTERS/RALPH ORLOWSKI

In a sharp about-face, investors sold stocks, bonds and cryptocurrencies on Thursday. The S&P 500 Index lost 3.6%, erasing about $1.3-trillion of market value, and the tech-heavy Nasdaq 100 dropped 5.1%, the most since September 2020. The Dow Jones industrial average tumbled 3.12%.

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