The value of stock mutual funds and ETFs held by U.S. investors declined by $3.6 trillion during the first quarter.
The number is a record high for a quarter, and is higher than any full year on record, according to data from Lipper Refinitiv.
The decline in equity fund value during the quarter is over $700 billion more than was seen in 2008 during the Great Recession.
The average equity fund posted a 22.3% decline during the quarter, data show.

Spanberger is a moron. Trump is a moron. Hegseth is a moron. Rubio seems to be the only one keeping…
Then buy yourself what you want. This is America. We are capitalists. If all you whiny moaning been heres would…
This is what we (as a whole) voted into office. If this is not acceptable to you (red, blue or…
Comment was about " Town Edge" post. It was not meant to be placed here (Pearl Market" post!)
Julie may be a "wonderful person" but she lives in a world that many of us don't want or need.