Are we Near a Low?
I was terrible at roller skating limbo, but chubby guys aren’t usually contenders in these types of games. It’s a center of gravity thing. I still wonder how they got that low.
The market is low. On May 18 the S&P 500 closed at 3,923.68, or 18.1% below its record in January. This was the biggest one-day drop since March 2020.
Has the market bottomed out? Nobody knows for…