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A sell-off is a rapid selling of securities, such as stocks and bonds, which leads to a decline in their price. On top of that, with stock prices already so high (even after this sell-off, they're high by historical standards), returns going forward might not be as great as what we've experienced the past Brokamp: And for the really big names, there are people whose jobs it is, essentially, to buy stocks when someone is selling or to do the opposite, and they're the people you see on the trading