FYI: Think all the way back to the end of May. The S&P 500 had just experienced a 6% monthly loss for the third time in eight months. The stock market had made zero progress since January of the previous year. It was looking like tariffs would soon be raining down on Mexico. The global economy was decelerating. With all of this going on, there was little reason to expect what was about to happen next…
Regards,
Ted
https://theirrelevantinvestor.com/2019/06/20/when-all-you-feel-is-reward/