After a volatile week, the S&P 500 closed down only -.63% from where it opened on Monday (see chart below). It is now -4.53% below its high close on 7/26/19 of 3025.86. To me, still nothing to worry about yet, especially if you have your stock to bond allocation matching your risk tolerance.
“Maturity includes the recognition that no one is going to see anything in us that we don’t see in ourselves. Stop waiting for a producer. Produce yourself.” ~ Marianne Williamson
"A man can fail many times, he is not a failure until he begins to blame somebody else.” - John Burroughs
"Any man who reads too much and uses his own brain too little falls into lazy habits of thinking." - Albert Einstein
“Do the right thing even when no one is looking. It’s called integrity.” – Anonymous
“We cannot direct the wind, but we can adjust the sails.” - Bertha Calloway (attributed)
“A man should never be ashamed to own that he has been in the wrong, which is but saying… that he is wiser today than yesterday.” ~ Jonathan Swift
“Staying positive doesn’t mean you have to be happy all the time. It means that even on hard days you know that there are better ones coming.” - Unknown
After a good sell off on Monday, the S&P recovered during the week closing higher (see 1st chart below). Friday's close is only -3.54% below the high close on 7/26/19. If you own bond funds, you saw a big increase in prices as yields fell this past week (see 2nd chart). So everything in the markets are still looking good!
“Life biggest tragedy is that we get old too soon and wise too late” ― Benjamin Franklin
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