Market Watch: Is this the End?

The start to October hasn’t been great for the markets. Fears of economic slowdown, Trump impeachment, the list goes on.

The 2.99% drop in the S&P 500 is the fourth worst start to the 4th quarter, just shy to the 3.01% drop in the 2009 4th quarter.

Is this the end to the greatest bull run we have ever seen?

The fear is reaching near all-time highs. My friends have been talking about the eventual recession for seemingly ever now. The political environment sure doesn’t instill a lot of confidence.

Given all this, the S&P finished the 3rd quarter of the calendar year just below all-time highs hit in July.

So what’s to make sense of all this? Perhaps it’s time to slow down a little bit and slowly start pulling back. Signs are trending downwards, but the world and markets are not ending.

We saw what happened last Q4 and we now hit all-time highs just half a year later.

I’m not putting cash under my mattress, but it’s time to air on the side of conservatism at this point in time.