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You left off the foreign stocks. Pacific Rim countries and European countries economies are not doing all that well. Except Vietnam.

My Small Cap stock funds are up huge. Large cap not so much. However, foreign stocks are struggling. Most of Europe was in a recession prior to covid.

Oil is down too. So, that greatly affects the prosperity in many foreign countries. Plus major parts of the economy of the US.

All good points. I also think we have a lagtime in play as well. During the worst months of the pandemic, companies were reporting on Q1 financials, which by and large weren't overly affected. The Q2 financials have been coming out and those were expected to be off for a lot of companies given the shutdown - so not necessarily a cause for panic for the long term investors. If this trend continues in Q3 however, we are likely to start seeing major correction in the overall markets this fall.

I allocate my investments according to my age and years to projected retirement so I'm able to ride out a major down cycle without too much stress. I recommend that approach for everybody. I actually see down cycles as buying opportunities.

Caution flag on that last however. This pandemic has greatly accelerated the disruption of our economy. For instance, brick and mortar retail is probably down for the count. Only those retail chains with online sales being a significant part of their revenue stream are likely to survive at all - and that takes significant infrastructure. It's not just throwing up a web page with a shopping cart icon.

Those who heavily invested in Amazon over the years, good for you! I wish I had had the foresight to do that. For I would get to retire now instead of 10 years from now.