Chart of the Day - Wednesday, January 8th, 2020

Today’s Chart of the Day is from a blog post by Michael Batnick (@michaelbatnick). It's a chart of the S&P 500 (total return) since the low of the Great Financial Crisis in 2009. The chart illustrates the proverbial "wall of worry" that this secular bull market has climbed. Michael labeled over 30 different potential reasons to sell that investors have faced over the past decade. Despite all of these daunting headlines, the S&P 500 was able to return 495%. We like this chart because it reiterates our belief that news can be very misleading to market participants. It's interesting to see that some of these reasons to sell proved to be great buying opportunities, in hindsight. Instead of letting the news guide your investment decisions, we think it's far better (and less stressful) to follow the trend.