The stock market bottomed three months ago. In the 65 trading says since, the S&P 500 gained 41%, the strongest move off a bear market low in the history of the index.
Whenever something unexpected happens, it’s normal to look for tangible lessons that we can take with us. But since no two markets are exactly alike, it’s more helpful for most investors to learn broad lessons rather than specific ones. For me, the biggest takeaway, though captain obvious it may be, is that the market will always find new ways to surprise us.