4 Reasons why you Need to Prepare for a Possible Stock Market Correction
If you're being kept awake by a neighbor's party, you may as well get dressed and join the fun. That was the possible reaction to Wall Street strategists, who issued fairly dour "year-ahead" reports back in December, predicting the market would soon stall out. In hindsight, they were flat wrong, with the S&P 500 now handily above even the most bullish price targets. Well, analysts at Credit Suisse threw in the towel in mid-March, boosting their target for the S&P 500 to 1,470. That's about 4% above current levels. The key change in their thinking: "We still expect [U.S.] GDP growth to slow … but the risk now is that it slows less than we expected." And they . . . → Read More: 4 Reasons why you Need to Prepare for a Possible Stock Market Correction
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