TRND - Don't Fear Big Corrections - They Usually Engender Even Bigger Recoveries
- Long-term investors have nothing to fear. Nearly every major downturn has been followed by an opposite but equal upturn.
- Huge crashes always precede huge recoveries - and something just like that happened all over again in the last 13 months. The stock market went down way too fast from February 18 to March 23, 2020, so a “reversion to the mean” implied an equally powerful and rapid move upward.
- In the latest recovery, some indexes have already doubled in the 13.5 months since March 23, 2020, while the Dow and S&P 500 are up over 90%.
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Don't Fear Big Corrections - They Usually Engender Even Bigger Recoveries