SPDR S&P 500 (SPY)

[Schneidku40]

Well, but that’s not all that unusual, right? Statistics show market reactions in various circumstances are opposite what you’d expect. Such as stocks still go up for 6-12 months and 10% after interest rate inversion. The best stock performance years are when S&P profit growth is between 0-10%, not when it’s >10% like you’d expect. There’s others I just don’t recall right now. Stock market movements are actually generally a better future indicator of the economy (imminent recession or recovery from recession 6 months ahead) than any other indicator or economic statistic.

A book by the motley fool founders shows the best performing portfolio has even portions in US stocks, foreign stocks, commodities, and real estate funds. This allocation, I think, has only had 1 or 2 down years in the last 70 or whatever, because each of those are not correlated very well. Which means real estate and stocks aren’t correlated very well.

Ok time to go back to work in the heat