Is there a market correction coming in 2021?
Is there a market correction coming in 2021? Since 1980, every calendar year has had an intra-year drawdown that averages about 13 percent. We have not had a drawdown greater than 5 percent in 2021 so while it is hard to predict, it would be a natural event to see a correction of 10 percent in the coming months. What does it mean when the market makes a correction? What's a correction? Nothing more than a moderate decline in the value of a market index or the price of an individual asset. A correction is generally agreed to be a...