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"People who exit the stock market to avoid a decline are odds-on favourites to miss the next rally."
-- Peter Lynch
Fun chart from Fidelity today in order to keep it sweet and short (and timely).
Another way to show the current bull cycle (black line) in stocks is to show it as a clock. With 12:00 being the start to the cycle, compared to the longest cycles, it is only about 3 pm now. Compared to the average length of the bull market it is about 6 pm.
Et voila, there’s some balsam for your mood after a difficult day on the markets.