- The markets dropped heavily late yesterday. Futures are down this morning but not as bad as many had feared.
- We are close to a bear market meaning a 20% drop from recent market highs.
- When I looked late yesterday the S&P 500 remained up 80% in aggregate over the last 5 years. That is some solace.
- We are running an X survey today on will you reduce spending currently based on the market turmoil. And can you get your partner to do so too. Just joking as to the partner. We may focus on business spending.