6 Years On, Lessons From Lockdown Lows Endure

Six years ago Monday, a bull market began during a frightful time. No one that day could confidently know that on March 23, 2020 global stocks, down -34.0% in less than five weeks, had troughed.[i] Thousands were dying daily as the COVID-19 pandemic—which eventually killed more than seven million people—tore through the world, and American states had just begun locking down.[ii] Nevertheless, stocks started rallying and never looked back. What lessons can investors glean today as panic over Iran and oil persists? Read Full Article »