Markets are turbulent but despite the selling, the double bottom is holding and the S&P 500 is remaining above its 4 year moving average.
Note the attached chart. Purveyors of fear will use it to scare you. I offer it as an explanation of a Bear Market versus a Catastrophic Market.
Listen to the latest episode of the Wealthsteading Podcast for an explanation:
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![](https://i0.wp.com/www.investablewealth.com/wp-content/uploads/2022/10/2008-Financial-Crisis-vs-Today-221001.jpg?resize=750%2C421&ssl=1)
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