SPY chart for 12/17/2018
From the Wall Street Journal, December 17:
- … Dow Jones Industrial Average slumped more than 500 points…
- … Mounting signs of slowing economic growth…
- … The Russell 2000 index slumped into a bear market…
From The New York Times:
- … Wall Street notched a new low for the year on Monday…
- … left investors limping through the last weeks of 2018…
- … a shaky day in the markets…
- … would be Wall Street’s worst year since the financial crisis a decade ago…
All major business publications tell the same tale. A friend with a $10 million portfolio says: “I sleep like a baby. I wake up in the middle of the night and cry.”
However…
SPY chart for the decade ending on 12/17/2018
Let us not forget that the market has gone up an astounding 400% over the last decade! The sky is not falling. Monday Morning Millionaire Program members have been nicely rewarded.
What to do now?
