The State of the Market Is Poor (for Now)
Will this bear ever go away?
In this week’s State of the Market, Chief Income Strategist Marc Lichtenfeld gives his take on, well, the poor state of the market.
Seeing as fewer and fewer stocks are rallying these days, practically nobody is profiting.
And given the Federal Reserve is expected to keep laying on rate increases to dampen runaway inflation, it’s easy to think we’re in for more pain.
But Marc remains relaxed about what lies around the corner…
In fact, he’s chipper.
Why, you ask?
Because Marc knows the current bear market and recession are “extremely ordinary” in comparison to the dot-com collapse and the 2008 financial crisis.
On top of that, bear markets are like rainy days. They happen.
But whereas it makes sense for pedestrians to avoid the rain, it behooves long-term investors to stay in the markets when investor hysteria sets in.
This is because when it comes to long-term investing, time is on your side, and it can heal most wounds inflicted by bear markets.
So rather than dump your stocks, you should be waiting to scoop more of them up and taking advantage of an incredible buying opportunity that Marc sees around the corner.
Feeling a little more optimistic now? Good!
Stay collected and play the bear with Marc in this week’s State of the Market.
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