The market has been in a downtrend for some time. When a great recovery like today occurs, it proves the unpredictable nature of markets in uncertain and truly unprecedented times. It’s hard enough for professional investors/traders to guess the direction, but its not out of line to tell a 401k investor that the markets will recover in due time with the right(and responsible) economic policies.
The objective is to assure the voters through the election. After that, the winner will have their hands full dealing with the economy.
I predicted this downturn in gas prices drinking on July 4` This precipitous fall is rather disconcerting...