Who Removed The Easy Button?

The US financial markets entered a period of heavy turbulence at the end of November 2021 that lead to a significant decline in U.S equities over the following 3 months. At the time of writing, US-listed equities have seen the indiscriminate P/E compression of future cash flow-dependent businesses as stock prices continue to plummet in the wake of macroeconomic and geopolitical shifts. Let’s explore the three main catalysts causing this most recent stock market correction.