At the lows, the S&P 500 was off roughly 34% from its highs. From those lows it’s now up almost 25%. This is confusing to many investors for a number of reasons: The economy is still effectively shut down for the foreseeable future The unemployment numbers continue to worsen as jobless claims in the past…
Animal Spirits: The Fed’s Bazooka
Michael and Ben discuss more wild days during the crisis.
Buying Foreign Stocks After a Fall
What happens to European stocks after a 5 year run with negative returns?
What Good is History When Dealing With an Unprecedented Crisis?
The importance of understanding market history when investing.
Animal Spirits: Some Good News
We discuss: Some good news out of NYC Why this is more like war than the Great Depression Can we really return to normal until we get a vaccine? Social distancing is working? Why the ability to stay home is a luxury When will we all be wearing masks everywhere? The government finally did something…
What Happened to Small Cap Value?
A history of small cap value performance following a bear market.
Does Experience Matter During a Bear Market?
The double-edged sword of experience during a bear market.
Why Valuations Don’t Always Matter in a Bear Market
What if valuations don’t give investors an all-clear signal?
Would You Rather: Buy Too Early or Buy Too Late in a Bear Market?
Buying too early or too late during a downturn can both lead to psychological hurdles for investors.
The Relationship Between Earnings and Bear Markets
What’s the relationship between earnings and bear markets?