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Wall Street has lost its nerve. What will it take to get it back?

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Wall Street has often adopted a simple playbook when facing a stock market plunge: "Buy the dip." Not lately.

[NEW YORK] Wall Street has often adopted a simple playbook when facing a stock market plunge: "Buy the dip." Not lately.

In recent years, investors who jumped on downturns as chances to buy shares at bargain prices have profited from the move. Their buying, in turn, helped stabilise...

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