A message from Edge Investment Solution's Damon Walker:
Follow us on Facebook: Edge Investment Solutions
Follow us on Instagram: Edge Investment Solutions
Follow us on Twitter: Edge Investment Solutions
Chart of the Week
The S&P 500 entered correction territory last week, falling 10% from its high on January 3rd. Escalating tensions between Russia and Ukraine primarily drove the decline, as markets digested potential geopolitical, economic, and financial implications. Historically, buying the S&P 500 Index at 10% below its high has generated a median return of +15% during the next 12 months. In our view, investors might not need to wait for a trough to earn positive returns.
Source: Goldman Sachs Global Investment Research. As of January 27, 2022.