Cliff Notes - Good Night Little Bear
September 1, 2020
In This Week's Update:
Back in the dark ages before TikTok, one of my generation’s favorite books as youngsters was the warm and reassuring Richard Scarry’s “Good Night Little Bear”. Little Bear always stalled, but his Dad patiently got him ready for a good night’s sleep. What peaceful reading it was!
Investors have had a few sleepless nights this year too, but thanks to the Fed, the Govt, and medical and civilian action, investor see a brighter dawn, and have put the bear to sleep for now.
The bear market of 2020 officially ended last week as the S&P500 recovered over 50% from the March 23rd low. But plenty of worries abound, so we focus on investor fortitude this week.
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