Physical therapy after surgery is a nasty business.
Think about it:
You recently had your knee replaced, or your rotator cuff repaired, or something of the sort…
And now a team of medieval torture merchants is going to drag you into a room to work out the exact muscles, bones, and tendons you just had fixed.
My mom’s going through it right now.
She’s in a rehab facility for a few weeks after getting her knee replaced last Monday. She is very not thrilled with me for her being there (even though she agreed to it — that doesn’t seem to bother her 🙂)
And honestly, I understand it…
Who wants to push through pain, even if you know you’ll be stronger and healthier on the other side?
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No one does…
But that’s exactly what the markets are doing right now.
There’s no sugarcoating it: yesterday was one of the worst down days we’ve seen in YEARS, a total sea of red almost across the board:
So we have to ask whether this is a true bear market/recession environment, or whether it’s more like physical therapy.
Stocks were soaring, many at all-time highs and with P/E ratios off the charts. No market can sustain that forever.
Maybe we needed a correction, some “therapy,” to heal some of those overworked muscles.
There’s an argument that we’re near the bottom, and due for a run back higher. And I know Roger, Graham, Chris, and some of our other experts are cautiously optimistic about the road forward.
We’ll just have to see…
For now, though, we’re stuck in the red whether you like it or not — so it’s best to make the most of it!
Keep checking in here with our experts this week to learn how they’re doing it…
To your prosperity,
Stephen Ground
Editor-in-Chief, ProsperityPub
