Quote of the Day

"Rather than get pulled into this mania, it is much more useful and psychologically healthy to recognize we must accept that drawdowns, corrections, bear markets, and crashes are simply part of the process."

(Barry Ritholtz)

Chart of the Day

The 60/40 portfolio set a record in the first half of 2022, and not in a good way. (chart via @charliebilello)

(twitter.com)