"When we do get that eventual decline, and it will come, it will most likely be a pullback rather than a correction or a new bear market," says Sam Stovall, chief equity strategist at S&P Capital IQ, in the attached video.
For clarity's sake he characterizes a pullback as a 5% to 9.9% decline, a correction as a 10% to 19.9% retreat, and a bear market as anything worse than 20%.
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It's always a good idea to keep some good articles, at least I think they are good for reference, so I can go back and read them later.
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