by Zach Marsh on Oct 14, 2022
When I walk my dog, I’m struck by how obsessive he is about his actions. He will spend, what seems to me, like a ridiculous amount of time searching for the perfect spot to relieve himself—re-positioning himself countless times as if the future of the free world depends upon the outcome. For him, this process is vital to is existence—to me, it is a waste of time. The animal brain is dominated by what it chooses to focus on. Maybe in that regard I’m not so much different from my dog.
by Zach Marsh on Sep 23, 2022
What a difference a year makes. But I don’t need to tell you this. Anyone who’s gone through the last few years knows this to be true. Since, 2018 we’ve seen our share of whipsaw action in financial markets—from Christmas Eve stock market collapse in 2018, to Covid crash in 2020 followed by the Covid market explosion in the second half of 2020, to the meme stock insanity of 2021, and finally the bear market of 2022.
by Zach Marsh on Jul 8, 2022
Last week we closed the door on the first half of 2022, and from a market perspective the end couldn’t come soon enough. Here is a rundown of the performance of major assets:
S&P 500 -19.45%
by Zach Marsh on Jun 3, 2022
Among stock market analysts, opinion is becoming nearly unanimous that the market has not yet found a bottom. Since the S&P 500 began to decline at the beginning of the year we have seen four substantial bounces, averaging 9%, the most recent one being the rally from 5/12-6/2. Each of these bounces have resulted in the S&P 500 revisiting its prior low or making new lows. This price action is frequently referred to as a bear market rally.