A Look at Past Market Corrections
There will be plenty of discussions about last week’s market correction. The hows and whys and what we can do to prevent it from happening again. Corrections are a natural part of the markets. 10% declines in the market are common. In fact, since 2009 the market has recorded 9 corrections of 10% or more. The real concern with a correction is the strength of the underlying economy. Our economy is strong. Bloomberg has published an article that discusses past corrections and their rebounds. Read “Far from Unprecedented: Nine Selloffs like This, and Nine Rebounds.”
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