Markets - Minor Correction? (Edit: Question Answered)

aroominyork

If I remember right the team 'correction' was introduced within the last 20 years, presumably to give a positive spin to a negative market, ie the market is overpriced and this downward adjustment is correcting that error.

Username999

Regression to Trend: Another Look at Long-Term Market Performance

Interesting read...
https://www.advisorperspectives.com/dshort/updates/2020/02/04/regression-to-trend-another-look-at-long-term-market-performance

vitamin_joe

This has given me the impetus to invest for the first time. I wonder where I can get advice. I am hoping to invest in gold, probably EFTs, plus some in utilities, and do it through an ISA. I've chosen H&L as they are mentioned quite a bit on here. 

Username999

These might come in handy....
 
https://www.amazon.co.uk/Stainless-Protective-Performance-Protection-Ambidextrous/dp/B073VLRHYB

m_c_s

The fear in the market is whether the US is being dragged into a recession. Global supply chains are fragile. However, there is still some mixed news that some Chinese factories are now starting to reopen. This includes several of Apples iPhone manufacturing factories. Some weak European economies will probably enter recession and Asia/Japan growth could be hit in second and third quarters and quite possibly pushed into negative territory.  
Only time will tell what the impact is on US economic growth. The timing of the slowdown or recession, if it happens, could also be a catalyst for more market volatility. The US Presidential election is near and with the uncertainty of who the Democrat candidate will be or indeed if there is a reasonable chance that Bernie Sanders could become President markets may get nervous. The checks and balances in the US political system may prevent Sanders from implementing his most radical Economic Bill of Rights including cancelling $1.6 Trillion of student and medical debt. Even so there is likely to be market movement until the election is out of the way and a better understanding of where the US economy is going post November 2020. 

Alistair31

We will soon see the bear. Hold on tight, folks.

royalmike

Dont try and catch a falling  knife 

Alexland

I had only recently transfered our kids' Junior ISAs back to cash to lock in recent market gains and get a nice safe 3%+ return. If this correction is going to drag on with a good chance of getting worse then I will start the process of transferring to S&S again...

royalmike

Traders warn 'the worst is yet to come TODAY

Traders are warning that the 'worst is yet to come today' after the New York stock exchange suffered its biggest ever drop and £152billion was wiped off FTSE shares. The Dow shed nearly 1,200 points, or 4.4 percent, taking its losses for the week to more than 11 percent.

European and US stock markets slumped painfully again Thursday as new coronavirus infections spread outside China, exacerbating fears of a global slowdown.

Oil prices plunged by more than four percent at one point before recovering somewhat.

 

fred246

Good job it's not a serious disease that's going round. I mean the black death killed 50% of the population.