The stages of a bear market often mirror the grieving process. Denial at first, followed by anger, bargaining, depression [current stage] and finally, acceptance. For investors, frequently instead of acceptance there is an overwhelming desire to capitulate. The world feels darkest before the dawn, but it is terrifying in the dark. Controlling our fear of the future, the unknown, and the losses piling up can be difficult. None of us have a crystal ball, but we do our best to make predictions about the future based on sound historical data and patterns. We warned back in March we thought we would have a recession and a bear market, and now that we are bearing the brunt of a bear market, the million-dollar question is when do we hit bottom?
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