The Middle East conflict continued into a second week with no clear resolution in sight. Oil prices are up more than 50% in the last month on concerns about transport through the Strait of Hormuz, creating a new drag on the economy at a time when momentum already appears to be fading. On Friday, the Commerce Department cut its fourth-quarter gross domestic product (GDP) estimate in half to 0.7% growth and said that prices rose by 2.8% in January.
When people think they can get out and get back in, they almost always miss the rapid upswing.
Research from major financial institutions consistently shows that attempting to time the market by exiting during downturns is often more damaging than the downturn itself. This is primarily because the stock market's best-performing days frequently occur within days or weeks of its worst-performing days