redefining your relationship with life and money. you’ve got to get your mind right before you can get your money right. Full- time #getoutside advocate.
The average bear market decline tied to a recession lasts 18 months with a 37% downturn. 📉
We are 12 months in.
There isn't a recession in the data yet, but it's useful to keep in mind when setting expectations for 2023.
…About that supposedly strong labor market... it looks like we might have been on to something back in November. Philly Fed analysis shows 10,500 jobs added March-June rather than the 1.1M initially estimated by the BLS. https://t.co/uSgBbe7CFv
I like to think that all MIT Math PhDs face existential crises where they must decide if they want to:
(a) advance our understanding of the universe
or
(b) build a profitable trading algorithm for Goldman Sachs
“If humanity wishes to preserve a planet similar to that on which civilization developed … CO2 will need to be reduced … to at most 350 ppm.’ — Jim Hansen
Lots of data out today. The #AAII sentiment survey stands out with only 15.8% of respondents feeling bullish. Only 8 readings have come in lower... and each gave way to positive returns over the next year. A good reminder to avoid negative hype and stay focused on the long term.
Let’s rush to 200k followers and talk about when you can start earning GMT during this weekend’s Discord AMA! To get there, we are doing another Uncommon Genesis Sneaker giveaway by 10th April! To enter the crowd prize:
1⃣ Follow us
2⃣ Retweet
3⃣ Tag 3 friends & comment below
I did acupuncture for the first time ever today and it was AMAZING! They put 50+ needles in my back/arms/legs (some of which were like 4-6 inches long!). My back has been killing me from a bad night's sleep ~12 days ago... but I left there feeling like I was walking on clouds.