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Opinion: This still looks like just a stock-market correction, not something worse
Bear markets generally build up over months while corrections tend to be far sharper
CHAPEL HILL, N.C. — The stock market’s recent correction has been more abrupt than you’d expect if the market were in the early stages of a major decline.
I say that because one of the hallmarks of a major market top is that the bear market than ensues is relatively mild at the beginning, only building up a head of steam over several months. Corrections, in contrast, tend to be far sharper and more precipitous.
...
https://www.marketwatch.com/story/this-s...2018-12-26
Bear markets generally build up over months while corrections tend to be far sharper
CHAPEL HILL, N.C. — The stock market’s recent correction has been more abrupt than you’d expect if the market were in the early stages of a major decline.
I say that because one of the hallmarks of a major market top is that the bear market than ensues is relatively mild at the beginning, only building up a head of steam over several months. Corrections, in contrast, tend to be far sharper and more precipitous.
...
https://www.marketwatch.com/story/this-s...2018-12-26
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