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2020 Grinds On

2020 Grinds On

As 2020 grinds on, the 2009 analog for the US stock market remains intact. The chart below shows the market bottom and subsequent recovery of the S&P 500 during the 2008/2009 Financial Crisis and aftermath (blue line) and the 2020 Covid Crisis still in process...
The longest year . . .

The longest year . . .

As we continue to lurch along the roller coaster ride that is the year 2020, you may be feeling like this is the longest year on record.  Days morph into weeks and weeks into months. One year feels like three. We have now charted 118 days of unrelenting market...