There are probably many factors that make this different now than before. However, I suspect that markets today are just smarter than back then. As a result, they react much quicker to information than before. I don’t think you can estimate the drop magnitude by the looking solely at the rate of decrease.
There are probably many factors that make this different now than before. However, I suspect that markets today are just smarter than back then. As a result, they react much quicker to information than before. I don’t think you can estimate the drop magnitude by the looking solely at the rate of decrease.