Pick your favorite narrative- all true as of 1/25/22.
1) Stocks plummet 7-10% to start 2022, or
2) Stocks start 2022 by giving back ~1/4 of the S&P500’s strong and above expectation gains from 2021, or
3) Stocks up ~75% over the last 3 years despite navigating a pandemic-fueled, global lockdown recession.
Just remember that the market, like most things in life, is more fragile in the short run, but much more resilient over the intermediate/long run than we give it credit for. Market volatility isn’t an illness or a sign of something broke, it’s a reflex.
