JPMorgan Tells Investors Not to Fear a 20% Stock Market Correction

JPMorgan Tells Investors Not to Fear a 20% Stock Market Correction
People pass a sign for JPMorgan Chase & Co. at its headquarters in Manhattan in New York City on Oct. 2, 2012. Spencer Platt/Getty Images
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Commentary

This Monday’s rally amounted to the 69th time the index has hit a new record high this year. The rise has been unbelievable, with the S&P closing on the upside nearly 30% of trading days.

James Dale Davidson
James Dale Davidson
Author
James Dale Davidson is a highly acclaimed economist and financial forecaster who has cemented his legacy through his renown investment newsletter Strategic Investment, which has been in publication since 1987. One of Davidson’s biggest fans include billionaire Peter Thiel, who says Davidson inspired him to start PayPal and cited Davidson as “his favorite stock picker.”
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