I just wanted to share this article with you. It outlines the fact that the S&P 500 has dropped by more than 5% 28 times since 1980. On average, the market is relatively flat the next week, up 1.65% over the next 4 weeks , and up close to 5% over the next 12 weeks. The averages are skewed negatively by 2000 and 2008, which were serious bubbles leading to intense recessions. That is not the case currently, so I expect the rebound to be strong, particularly with the businesses that we are invested in. In a market panic, everything sells off, but as time goes by the cream rises to the top. We will be fine as time elapses, earnings come in, and our options expire. Hope you enjoy the article. Thank you.
Here’s What Usually Happens to Markets After the S&P 500 Drops 5 Percent in a Week