There have been a total of 48 corrections in the market over the past 34+ years.
First-grade corrections: 5–10% declines occur approximately every 1.5 years.
Second-grade corrections: 10–20% declines occur approximately every 3 years.
Third-grade corrections: Declines of more than 20% occur approximately every 4 to 5 years.
Current Market Correction:
🔹 Now classified as a second-grade correction.
🔹 Marks the 15th major correction since 1991.
🔹 The economy is stable, not overheated, and bond yields are low, which is a positive sign
First-grade corrections: 5–10% declines occur approximately every 1.5 years.
Second-grade corrections: 10–20% declines occur approximately every 3 years.
Third-grade corrections: Declines of more than 20% occur approximately every 4 to 5 years.
Current Market Correction:
🔹 Now classified as a second-grade correction.
🔹 Marks the 15th major correction since 1991.
🔹 The economy is stable, not overheated, and bond yields are low, which is a positive sign
