A Big, Hairy, Smelly Bear, Base Case Predictions & Equity Index Annuities

Jeff, Joe, and Kyle are back at it, this time with a decisively unpleasant market recap. Last week saw the Dow down 4.8%, the S&P 500 down 5.8%, and the NASDAQ down 4.8%. The year-to-date numbers show those three indexes down 17.7%, 22.9%, and  31%, respectively. The S&P 500 officially crossed into bear market territory – a big, hairy, smelly bear – and now we’re all wondering how long it will last. With many predictions being thrown around, what’s an investor to believe? The guys talk dollar-cost averaging, how close we may be to the bottom of the market, […]