Updated June 19, 2022 / Original June 17, 2022
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After a three-year hiatus, the Golden State Warriors are the best team in basketball again—and they had to navigate an injury-driven tumble from the top to the absolute bottom to do it. There’s a lesson in there about bear markets, recessions, and all the fears gripping investors right now.
After the stock market’s tumble this past week, investors probably feel like Warriors star Stephen Curry in 2020 asking what else could possibly go wrong. The S&P 500 dropped 5.8%, its worst weekly decline since March 2020, while the Dow…