Skeptical Optimism
12 days ago • 3 min readIf you were to judge how much the market has recently declined based solely on what’s been in the news, you might think that we're deep into bear market territory at this point. Surprisingly, we’re not. As I’m writing this, the market is currently only down about 10% off the February high and about 5% on the year so far[1]. As for diversified investors, bonds and international markets have been (thankfully and finally) offering a helpful offset to the broadly negative U.S. market[1], so...
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