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…
