The 3rd quarter managed a slim profit despite a pullback of over 5% from the market high on September 2nd. Stocks, as measured by the S&P 500, have returned nearly 15% through the first three quarters of the year. We went 211 trading days without a 5% correction, which is the 13th longest streak on record. Historically, these streaks have been positive, as 11 of the 12 streaks longer than the most recent one continued their positive trends over time. Despite great returns year to date and a trend that should remain positive, we are seeing a wall of worry not experienced since the depths of COVID-19 in 2020.
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