Are Stocks Due for a Correction?
Yes. We just don’t know when. Markets correct. They always do. Corrections, also referred to as “drawdowns,” occur each year. Let’s go back five years and look at the maximum drawdowns for the S&P 500(1) 2020 -33.9% 2021 -5.2% 2022 -25.4% 2023 -10.3% 2024 -8.5% What’s remarkable