Read on Twitter
Drawdowns
1999: It took two years to achieve a 49% decline and 7 years to get back to even.
2007: It took 2 years to achieve a 57% decline and 6 years to get back to even.
2020: It took 31 DAYS to achieve a 32% decline, and --- to get back to even?
Via @BearTrapsReport
1999: It took two years to achieve a 49% decline and 7 years to get back to even.
2007: It took 2 years to achieve a 57% decline and 6 years to get back to even.
2020: It took 31 DAYS to achieve a 32% decline, and --- to get back to even?
Via @BearTrapsReport
US Stocks will get back to all-time highs when?
They said, “buy and hold”, “stay invested” - unfortunately in every cycle in doesn’t work that way. Most don’t have the time or patience to get through a long bear market, even though it’s the right thing to do.
(2)
(2)
Sell Low and Buy High???
“March saw record outflows from equity mutual funds and ETFs; now we’re seeing legitimate signs of retail investor euphoria, record number of account openings at US retail brokers.”
Goldman
(3)
“March saw record outflows from equity mutual funds and ETFs; now we’re seeing legitimate signs of retail investor euphoria, record number of account openings at US retail brokers.”
Goldman
(3)
In 1929, S&P 500 lost ~43% in 30 days before a 5-month ~47% reflex rally, and then shed 83% the next 2 yrs. History doesn't repeat but it sometimes rhymes; there will no doubt be MASSIVE rallies in the weeks to come, keep everything in perspective, both ways.
v @todd_harrison
v @todd_harrison
$2T of additional Fed, central bank stimulus pushing stocks higher while bread lines grow longer. As we’ve learned over the last decade, inequality comes with a price, it’s called populism.
(2)
(2)
