The Stock Market Is Back on Track

The stock market has been on a wild ride lately, but after a big drop yesterday it’s now back on its trendline of the past couple of years:

For the time being, all that’s happened is that a few big drops have wiped out the huge gains of December and January. Until December, the market had gained about 16 percent per year in both 2016 and 2017. Now it’s reverted to that. Only if it starts to drop further will it be a sign of serious investor worries.

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We've never been very good at being conservative.

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This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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