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I was doing a little work this weekend and I found that from the March 23rd, 2020 bottom,

the SP500 is up 98.7% with dividends. I'm rounding that up to 99% and then rounding that up again

to 100%. Just to make a point. So it's basically a double and I was able to easily figure this out

because they actually have the S&P 500 total return on Y-charts. I want to talk about that a little

bit today but it's nice to be able to use that function because I was able to go back to previous

bear markets and figure out what happened from those bottoms to figure out like is this in

anomaly or is this something that typically happens from a bear market like so we doubled in 15

months which seems very fast to me some other people may not think so I'm going to start the show

off today by talking a little bit about what my research showed and I got that research from Y-charts.

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and get 20% off of that initial subscription. Welcome to Animal Spirits, a show about markets,

life and investing. Join Michael Batnik and Ben Carlson as they talk about what they're reading,

writing and watching. Michael Batnik and Ben Carlson work for Ritholds Wealth Management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

and do not reflect the opinion of Ritholds Wealth Management. This podcast is for informational

purposes only and should not be relied upon for investment decisions. Clients of Ritholds Wealth

Management may maintain positions in the securities discussed in this podcast. Michael I feel like we

haven't talked about markets very much lately. We said there's nothing to talk about because things

are kind of boring at least at the index level. However I think I saw a stat that this is the

second best first half year performance ever. The market was up 14%. Could that be this?

That description just sounded like my third, his second cousin from another marriage.

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