Fun and/or Interesting
Noteworthy: About the Stock Market
Since the Japanese attack on Pearl Harbor on December 7, 1941, the average market drawdown from geopolitical shocks has been just 5%. And the market bottomed, on average, 22 days later and recovered within 47 days.
One example: The 9/11 terrorist attacks on the US sent the S&P 500 down 4.9% in one day and 11.6% overall. But the market bottomed just 11 days later and recovered in one month.
As my friend and colleague Alex Green pointed out recently: “Corrections and bear markets are great opportunities to accumulate positions in companies that are likely to outperform when the market bounces back.”
Interesting: About Life Expectancy in the US
The states with the highest life expectancy are Hawaii, California, New York, Minnesota, and Massachusetts. The states with the lowest life expectancy are Tennessee, Kentucky, Alabama, West Virginia, and Mississippi. Overall, Americans are expected to liver 78.8 years.
(Findings based on death rates in 2019.)