Mark Gordon | January 24, 2023
In 2013, financial TV host Jim Cramer popularized the acronym “FANG” referring to four large tech companies: Facebook, Amazon, Netflix, and Google. He grouped them because they had experienced outsized market gains. In 2017, commenters added Apple to the group and referred to the five companies as “FAANG” or “the FAANGs.” Although the long-term returns for these companies are solid, investors who piled into them based on the recent past have been treated to grievous losses.
Mark Gordon | January 24, 2023
Technically, a bear market occurs when stocks lose 20% or more of their value from top to bottom.³ But not all stocks go down in a bear market. Thus, when pundits refer to a “Bear Market,” they refer to a drop in the value of one or more major stock indices. Today we’ll examine the returns from other areas of the US market and explain why, despite the headlines, not all investors faced a bear market in 2022.
