“The difficulty lies not so much in developing new ideas as in escaping from old ones.” ~ John Maynard Keynes Our instincts on the market downturn seem to be correct. We touched the magic ten percent correction threshold and the market has been rallying since. Predicting the future is impossible of course, but the odds favor…
We may finally be getting the long-awaited market correction. The market has been volatile and the momentum is negative. Based on the S&P 500 we are down about 4 percent from the high, still positive year-to-date, mind you, and up considerably over any reasonable period. This leads to several questions, most importantly: Should I be…