🪣 A correction, not a crisis

2. The market always recovers. Always. And, if someday it really doesn’t, no investment will be safe and none of this financial stuff will matter anyway.

The 2020 coronavirus crash sent the market into the fastest tailspin in history, with the S&P 500 tumbling 35 per cent in just over a month. This was immediately followed up by the fastest recovery of all time, to the point where, astonishingly, the market set a new all-time high in the middle of a global pandemic. The Dow Jones notched up 14 o

Back during the March 2020 sharp stock market crash, investors initially fled into bonds as one would expect in a risk-off crisis, meaning that bond yields went down and bond prices went up. But then as the dollar index spiked, the crisis became bad enough that there became a large number of forced sellers of bonds in order to get dollars and servi