What Is The Risk of a Major Market Correction?
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ECRI's Lakshman Achuthan discussed on CNBC's Trading Nation yesterday our research on risk of a major correction and how it is linked to economic cycles, specifically to growth rate cycle downturns.
ECRI's chart shows how such corrections in the S&P are linked to growth downturns.
Right now we continue to be in a cyclical upturn and more to the point, our leading indexes are still improving.
Risk of a major correction is 'really low,' economic forecaster Lakshman Achuthan says https://t.co/vlyHxeJETv (via @StephLandsman)
— Trading Nation (@TradingNation) January 22, 2021
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