The US equity market is in the midst of the one of the worst bear markets in decades. Though there are occasional rises in the market for a day or two, the S&P 500 is down over 18% YTD. Energy stocks are the winners so far this year. Utilities are holding up well with a decline of just 1.9% YTD.

In Europe, Germany’s DAX is down over 18%. UK’s FTSE 100 is off by 2.5% but the domestic economy focused FTSE-100 has plunged by about 20% YTD.

Some emerging markets are performing better than developed markets. Chile is up by over 12% while Brazil and India are off by 4.3% and 6.5% respectively. With that said, below are some interesting reads for the weekend:

• 2022: First Half Returns (Novel Investor)
• Why short-termism is both a travesty and an opportunity (FirstLinks)
• Gasoline Prices Are Falling, But At What Cost?. (U.S. Global Investors)
• Equity Outlook: Bracing for an Economic Slowdown (Alliance Bernstein)
• Rob Lovelace on all-weather investing(Capital Group)
• Goodbye America? (CityWire Forum)
• Yes, You Can Use Your IRA to Purchase a Home, Lord Abbett
• Is it Smart to Keep Money in Equities During Market Volatility? (T.RowePrice)
• The Three Bears? (Schwab)