The most recent blog from Christopher Levell, ASA, CFA, CAIA, Partner at NEPC has to do with last weeks market correction. You can read the full story on NEPC’s blog, Taking Stock.
Last week saw the S&P 500 Index drop more than 10%—technically qualifying as a market correction—after hitting a record high in late January. While stocks had recovered 2.8% as of this afternoon, the rout signals increasing market volatility. Now, the question on investors’ minds is will markets resume their nine-year bull run, or are the recent losses the first signs of a bear market and/or recession?