Recently we’ve witnessed what felt like a height of scientific achievement and a low point between SpaceX’s successful launch of Crew Dragon to the International Space Station and George Floyd’s heart-wrenching death followed by civil unrest. The world we live in is complex and at times confounding.
I will not attempt in this letter to predict how either of these events will affect financial markets. While their impact to our psyche and our state as a nation is important to acknowledge, the impact to the market (as with many other events) is impossible to forecast. I will, however, make the case for why a long-term investment in the stock market continues to make sense today.
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