Staying Safe Around Bears

Jun 27

The S&P 500 recently breached bear territory, which is largely agreed to be a market that has dropped 20% from a recent peak. It’s common to see some retracing. The “bear-market bounce” is real.

However, even if the market recovers a bit, it will take some time, good sentiment, and real economic progress for performance to climb from bear to correction to neutral to positive.

In the meantime, outside of a short, sharp drop in 2020, we haven’t seen this volatile market since, you guessed it, 2008.

Driven by inflation, global uncertainty, supply chain issues, and rising rates – economists are predicting a recession in the months and years ahead. Some are even saying we’re in a recession now.

With a bear market, and 20%+ drops in the market, comes a wave of emotions: Stress, sadness, and anxiety. The list can go on and on.

The National Park Service has a lot of advice for... ...