Thursday, 29 March 2018 06:44

Why the Correction Will Last 200 Days

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(New York)

Equity investors may be understandably frustrated and anxious at the moment. The rebound after February’s lows has not held up and stocks are right around their bottom for the year. Well, if history is any guide, the pain will likely last 200 days. That is the average length that a correction has lasted during this bull market, and this is the sixth of its kind since 2009. The longest was 417 days between 2015 to 2016. The market is already 60 days into the correction, so if the forecast holds, it would emerge in August.


FINSUM: This would only provide comfort if one thinks the current correction is merely that, and not a full blown bear market.

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