Over the past 10 days, we've seen a lot of headlines which read, "stocks post best (worst) day since (2022 or 2020 or even 2008)." This has obviously created a lot more contact with SEM and our advisors regarding the state of the markets or the economy. We've enjoyed several
Tag: Correction
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Last week I said "corrections are inevitable". We see 5% corrections in the market about 3 times a year. Each on averages lasts about a month, with the recovery taking up another month. The S&P 500 lost nearly 6% last week
After taking Monday off in observance of Martin Luther King, Jr. Day, the stock and bond markets are making up for lost time in continuing last week's trend. Both stocks and bonds are projected to start the 4-day week on a deeply negative note.
Given the short week I'll keep
Based on my conversations with advisors and investors, enthusiasm for stocks had hit euphoric levels in mid-September. The most common theme was “why am I not making more money?” or “how can I get in on these record stock market gains?” When previously “conservative”
December is supposed to be a good month for stocks. Instead it is threatening to be the worst December since the Great Depression. I do remember some particularly bad Decembers in my 20+ years of managing money — 2000, 2002, 2008 all stick in my mind as not a fun