Suppose the market continues to vigorously head down in the upcoming year. ...
Time for a nap.The technical definition (of a 'correction') is when a major index, such as the Dow Jones industrial average (which tracks 30 of the largest U.S. stocks) or the Standard & Poor’s 500-stock index, falls at least 10 percent below its recent high ....
Going back to 1928, Bespoke Investment Group calculates the average occurrence to be a little more than once a year, but sticking with post-WWII data bumps the average up to every 16 or 17 months
What 'chu talkin' 'bout, Willis?
-ERD50