The Timing Couldn’t Have Been More Perfect
I received an amazing text yesterday! A casual friend texted me out of the blue, as he does from time to time. He loves talking about finance, investing, and the stock market. Here was his text: "When do you think the stock market will turn around and recover?"
That's an interesting question.....and an amazing text! What makes it an amazing text, you might ask? Yesterday, the U.S. stock market hit an all-time 155-year high, eclipsing the prior all-time high achieved on June 2nd. Never in history has the U.S. stock market been at a higher level. At the same time, millions of people, including my friend mentioned above, have been led to believe that everything in our country has fallen apart, including the stock market.
It goes to show just how easily people can be manipulated by the news and social media. Even though we all live in a certain reality, all people have to do is repeat the lie enough times for us to believe it. That concept has been studied and practiced for centuries, and this is just a modern version of it.
Year-to-date, the stock market is up by more than 13%. This comes on the heels of +18% in 2025, +25% in 2024, and +26% in 2023. I think the better question we should be asking is, "When will the market crash again?"
My most reasonable answer is, "soon," but nobody knows. Nobody knows.....especially the news and social media. If that's true, what shall we do? I propose we do nothing. The stock market always crashes. That's a feature of a healthy and functioning market. Therefore, I propose we all just take a deep breath, stop doomscrolling, and live our lives. If the market crashes, it crashes. Every crash in the history of our great country has been followed by a period of growth, eventually dwarfing the previous all-time highs.
I hope you find this encouraging, as many people are anxious right now. No, the market hasn't crashed. Yes, it will crash in due time. No, you shouldn't worry. Just stay the course, live meaningful lives, and let the chips fall how they may. And if history can tell us anything, the chips always fall in our favor....eventually.
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