As the old saying goes, “the market takes the stairs on the way up, and the elevator on the way down.” That has been unfortunately true this past week. The markets have been overdue for a pullback, and we have finally gotten one. Where the markets will go from here is anybody’s guess, but at the very least it has worked off the extended, overbought levels.
Here’s what I’ve been reading this morning:
‘How to Overcome Your Fear of Bonds’ – Cullen Roche – Pragmatic Capitalism
‘Why Competitive Advantages Die’ – Morgan Housel – Collaborative Fund
‘The Drawbacks of Behavioral Finance During a Market Correction’ – Ben Carlson – A Wealth of Common Sense
‘How to Prepare for a Market Downturn’ – Peter Lazaroff
‘How Erika Nardini Became CEO of Barstool Sports’ – Shana Lebowitz – Business Insider