Weekly Investment Update November 29, 2021

The Friday following Thanksgiving, typically a quiet day in equity markets, was anything but quiet this year as news of a significantly mutated COVID-19 variant discovered in South Africa led to a “sell first ask questions later” trading day. The S&P 500 index declined 2.3%, but many “reopening” stocks like airlines and cruise lines declined 10% or more.

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What Is a Bear Market?

As an investor, the words “bear market” might run a shiver up your spine. They’re a period often characterized by fear, uncertainty, and conservatism, as opposed to the abundance and confidence of a bull market

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