Warm and sunny weather appeared this week in Ohio. Unfortunately, the stormy stock market conditions appear to be sticking with us.

Since an all-time high on February 19th, a more uncertain mood is gripping the markets. Today, the S&P500 officially joined the Nasdaq in “correction” territory – defined as a pullback of more than 10%. Volatility is to be expected as part of long-term investing and the current drawdown remains shy of the average pullback experienced in any given year (-14%). Why then does the experience so often feel akin to climbing the stairs to ascend but hopping on the elevator when going down?Continue reading→