Absolute insanity. In just 40 minutes, the S&P 500 has now erased -$2 trillion in market cap. The entire post-Midterm Election rally has been erased in a matter of minutes. This is one of the fastest market cap losses in stock market history. https://t.co/sdmfNljwed — The Kobeissi Letter (@KobeissiLetter) November 5, 2026