DWM Blog Bear Market Bulletin

I took a few days off last week for a little getaway. Flying back on Sunday, I was able to read the Wall Street Journal Weekend edition. A cover story in Section C was a review of the trade war between the U.S. and China that kicked off in 2018. The article was interesting: it brought to mind the bear market of 2018 caused by this trade war. I am sure you will recall the 4th quarter of 2018 when the S&P 500 fell 20%. You do remember this bear market, don't you? Fast forward to the pandemic of 2020. The S&P 500 fell 34% in 5 weeks. I am certain you recall this decline. For those who may have read my commentaries in the past, please don't worry - I am not going to belabor you with returns and dates, so please keep reading. If you are not watching the financial or any other news, good for you! For those who may not know, let me bring you up to date. Last Friday, the S&P 500 dipped into bear market territory with a decline of 20% from a recent high. The market closed out Friday above the supposed 20% [...]The post Bear Market Bulletin appeared first on CI Doyle Private Wealth.