Why Does This Market Decline Feels So Much Worse?

<p><strong>In today's episode </strong><strong><a href= "https://www.kathmere.com/team/nicholas-olesen-cfp" target="_blank" rel="noopener">Nicholas Olesen, CFP®, CPWA®</a></strong><strong> shares why this 10% pullback in the stock market feels so much worse and that data that validates those feelings.</strong></p> <p>"How is the market only down 10%?" is a common question in recent conversations with investors and we believe it's a very fair feeling. Rather than just respond with, that's a normal pullback or it'll come back, we thought it would be more helpful to dive into the underlying reasons this feeling makes sense.</p> <p>Here's the three main reasons we expand on:</p> <ul> <li>Stocks and bonds are both down more than 10% so far this year, the largest joint drawdown since the late 1970's.</li> <li>The drawdown has been much, much worse for many stocks</li> <li>The largest and most commonly owned companies have also pulled back more</li> </ul> <p>You can see the charts referenced by visiting: <a href= "http://www.kathmere.com/blog">www.kathmere.com/blog</a></p> <p> </p>