The S&P 500 has yet to fall 10% from its recent record high, but it sure feels like such a drop is nearing. If it does suffer an “official correction” (a 10% to 20% decline), it would be a relatively rare event considering the contemporary pessimistic and cautious mindset of consumers.
Jan
24
2022
A “Low Confidence” Correction?
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About The Author
![James Paulsen / Chief Investment Strategist](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/DSC_2988_LR_Jim.jpg?h=150&w=150&fit=crop&fp-y=.15)