How many times have you heard people talk about the stock market in the last 6 months? It's probably been at least more than once, and in some cases, maybe more than ever before.
Imagine that in January 2020 you took a trip to a remote island that was totally off the grid. If you arrived back in the US today, you could probably see pretty quickly that a lot has changed. But the thing that may have changed the least, is the price of the stock market. On January 23rd, 2020 the S&P 500 was priced at $3,325. As I write this today on August 14th, 2020 the S&P 500 price is $3,371. If you never looked at what had happened over the prior 7 months that you were gone, you might come to the conclusion that this was a very uneventful year so far.
All of us that have been here for the events of 2020 have seen a lot. Personally, I feel like this year has gone on for a decade, it's crazy how much has happened. And when we look at the stock market, it's no different. At one point, we were down almost 40% on the S&P 500. FORTY PERCENT! That's wild! Since then, we have run all the way back up to our all time highs. It's been a historic run.