Investing

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…

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Zombie Apocalypse?

The bull market is (take your pick): in the late stages of the market cycle in the late innings long in the tooth Let’s get another cliche out of the way and say that bull markets don’t die of old age.  Are we headed for a recession or a bear market?  Yes. This is like asking if we’re headed for Christmas.  We’re headed for Christmas whether it’s December 24th or December 26th. It’s impossible to prove that we’re not and I’ve been around long enough to know not to put a deadline on predictions.  It’s one thing to say there will be a recession in the future and another thing to say there will be a recession next year #timestamp. So yes, there’s a bear market or recession on the horizon, but that doesn’t mean the current bull is over any time soon.  Even if you think the market is over-valued…