March 24, 2017 – Folks, the long awaited stock market correction is here at last. We can expect a 5 to 10% decline from the Dow’s most recent high of 21,000. As we’ve mentioned before, any bad new can trigger the correction. It appears that the most recent not so good news that are making investors and the smart money edgy is the realization that not all Trump’s investor friendly proposals will sail smoothly through congress. TrumpCare which is supposed to be the replacement for ObamaCare was thrown out due to lack of support. This the first indication Trump’s that investor-friendly promises such as reduction of corporate and personal taxes may not see the light of day. The good news though, is that this consumer driven economy is still going strong. Transportation sector is stronger than ever which is an indication that a recession is not looming in the horizon yet. The bad news is that stock prices are really over priced that is why a correction is expected. For the average investor like you and me, we will be better off leaving your money alone until the next recession which will surely come. When will that happen, download my eBook, DOW to drop 80% Soon?
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