May 13, 2019, was the day we learned, after a 10-year bull market, that the stock market had a paper loss for the day of approximately $800 billion.
A decade ago today, the US stock market was hitting rock bottom. The Great Recession, which had been in effect for almost two years, showed no signs of getting better — ever.
Maybe it’s time to clean or even replace your personal political filter, at least when it comes to making long-range financial decisions. Most experts agree that based on past history the stock market is long overdue for a major correction of 20 to even 30 percent.
Day trading with your retirement nest egg can be exhilarating and disappointing, sometimes at the same time. Guessing when the market has peaked or bottomed out is tough.
Few people alive today remember the Great Depression, but millions of nervous investors, some in the civil service, wonder how much longer this record bull market can last.