July 2020

Fast Animals

My last post was on April 24th.  It’s safe to say a lot has happened since then.  I’ve been on radio silence here because: I was writing quite a bit for work and needed to rest my brain Writing updates as a market is recovering is met with a great deal more skepticism than telling people to stay calm during down markets I am lazy So what happened?  This:   It’s the fastest bear market ever followed by one of the fastest rebounds.  If you click to make it bigger, you’ll see the S&P 500 dropped 33.79% over 33 days.  It then ran up 31.59% over the following 37 days.  The numbers don’t really sound like much, but that’s years of market moves within the span of about 2 months.  There was a lot of hand-wringing about “is this the bottom” and “how much farther will stocks fall”. You didn’t…