Robert Lloyd, CFA
Bear Market Rallies 2000-2003
Looks like we are in a bear market. But don't despair, they rarely go straight down.
If historical bear markets are any guide, as the market falls over time, there are sharp rallies that allowed participants to rebalance or de-risk their portfolios if needed.
Here is a picture of the S&P 500 during the 2000-2003 bear market. Some of these bear market rallies were pretty large but did not change the overall downward trend during this period. This doesn't tell us where the market is going today, but it DOES teach you how to think about managing your portfolio during a bear market.
Robert Lloyd, CFA®
Chief Investment Officer
Lloyds Intrepid Wealth Management
Lloyds Intrepid LLC is doing business as Lloyds Intrepid Wealth Management. Lloyds Intrepid LLC offers investment advisory services in the State of Texas where registered and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. Lloyds Intrepid LLC and its advisers do not provide legal, tax or accounting advice. Lloyds Intrepid LLC formulates retirement plans, investment strategies, portfolio construction and investment due diligence for clients with signed investment advisory agreements with us. The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the information cannot be guaranteed. All opinions and outlooks are subject to change.