Saturday, February 17, 2018

A Complete Sissy of a Correction So Far!

If you really think the current, or previous (if it's indeed over, which I dunno) correction is/was scary, horrific, terrifying or just plain bad, well, historically-speaking -- and to prepare yourself for the future -- you need to think again.

The following chart shows the depth of each instance where the S&P 500 fell more than 10% from an all time high since WWII:

So, if it's over, it ain't nothin! Or, I should say, in terms of magnitude it was the second sissiest correction in over seventy years.

In terms of length, if it's over, it takes the top sissy spot.

Now you know why we keep saying "don't hold your breath."

Charts source: Bespoke Investment Group

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