Questions About The Fear Of 20% S&P 500 Corrections

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ValueWalk

For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary: A funny thing happened on Friday, May 20 – the “Fear of 20” kicked in once again. The S&P closed the day before at 3,900.79, down 18.7% from its peak close on January 3, 2022 (at 4,796.56). On Friday, May 20, the S&P 500 opened down sharply (-2.3%) to 3,810, which marked a 20.56% decline from its peak, the definition of a “bear market,” a 20+% decline – on a closing basis (not intra-day) – on the S&P 500. Q1 2022 hedge fund letters, conferences and more Surviving The Curse Of The 20% …

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