Since the inception of EdgePoint, there have been six periods of significant volatility in the markets, and each of them provided opportunities to find outstanding investments for those willing to do the work. Short-term pullbacks in the market will happen, but they're only temporary. What matters most is how you react during these tough times.
A mix of charts and clips that caught our attention this week
People over 55 own over 80% of the bonds out there.
The ten-year Treasury bond yield is 140 basis points below the underlying inflation gauge, a record gap.
Real income and sales have gone up despite a huge rise in unemployment.
Apple is worth $2 trillion, and is now bigger than all the S&P oils and banks combined
The S&P 500 made a new all-time high this week. However, of the 500 members in the index, just 6% were concurrently making 52-week highs.