S&P 500 fell 17% during the 2011 debt ceiling crisis.

Stocks with greatest sales exposure to US federal spending (highlighted in yellow) plunged by 25%.
The VIX expanded to 48.

S&P 500 fell 17% during the 2011 debt ceiling crisis.

Stocks with greatest sales exposure to US federal spending (highlighted in yellow) plunged by 25%.
The VIX expanded to 48.
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