Q1 2019 was an incredible example of the stock market’s fragility and tenacity. We saw an epic meltdown to end Q4 2018 on a lot of news that warranted quite frankly little to no reaction. All of 2018s progress suddenly up in smoke.
The market over the last 10 years was built up largely on the back of growth-tech stocks. The FAANG stocks ended up an awful lot like a teenager hitting a massive, early, growth spurt. Participants in the market were ecstatic at the rate of growth and the benefits.