The December 2018 stock-market low was the second most expensive among historical “major market lows.” The most expensive low was October 1998. The S&P 500 corrected -19.8% in late 2018, and by -19.3% in mid-1998. In the current post-correction rebound, the stock market’s breadth is more fractured than at the same stage in the rally following the 1998 correction.
Oct
09
2019
October Green Book Summary
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