Morning friends, 

Three goodies, in three minutes. Let's go.

📉 Bear Market 

Now we're “officially” in a bear market.

Was curious... how long's this last? 

So I pulled the "Top 10 US Market Crashes"

(yes, made w/ my own bear hands...🐻)

Takeaways:

• Recent 2020 crash was shortest bear market ever
• Average duration = 16 months
• Average market drop = 47%

Notes: 

• S&P 500 was down 21% from its January high as of Monday.
• Bear market just means drop of 20%+ from recent high.
• Bear markets are bad. 
• Bear puns are good.

🧭 US Interstate System

I had ZERO idea how the interstate system worked. (“Hey Siri, where is Whole Foods?”)

It’s mostly confusing (Interstate Majors, Interstate Minors, etc.)

But Interstate Majors make a lot of sense. 

They use up to 2 digits.

Interstate Major Rules:

• Ends in 0 = traveling east/west
• Ends in 5 = traveling north/south
• Lower numbers = more Southwest
• Higher numbers = more North East

Check out The Interstates Forgotten Code to learn more. 

📚 The 2-Hour Cocktail Party

Nick Gray is a MASTER party host and connector. 

He recently moved to Austin and now is like a local celebrity. 

Sure, he’s built and sold two companies. And yes, he’s a loyal newsletter reader (hi Nick!). 

But the real reason is he’s hosted hundreds of events and puts a TON of thought into building relationships. 

The “NICK” Party Formula: 

• Nametags 
• Icebreakers 
• Cocktails only (no dinner)
• Kick em’ out (only 2 hours)

He shares all his tips and tricks in his new book The 2-Hour Cocktail Party. 

Check it out here (only $1.99 on Kindle right now). 

Have a great week. 

Much love, 

Mitchell

Ps. Grocery hacks