S&P 500 is barely down (~9% as of this post) after returning 23% and 24% respectively in 2023 and 2024. I wouldn't call it ugly, as someone who lived through recession.
A major correction also isn't that surprising. I started planning for it six months ago. The current market behavior is what I'd call "in model". It can always get much worse but this isn't that.
A correction has a specific meaning (drop of >10%). We aren't there yet with regards to the SP500. I think it would be more accurate to call this above average volatility.
jandrewrogers|11 months ago
ac29|11 months ago
rsanek|11 months ago
michaelscott|11 months ago
velcrovan|11 months ago