5 days ago
We’re now in a correction: what next?
With the market officially in correction territory, IG Wealth Management’s Chief Investment Strategist, Philip Petursson says that the big question on most investors’ lips now is: when will the market rally begin? Philip explains what defines corrections and bear markets, and discusses the statistics that market analysts use to help them predict the timing of market recoveries. While having the odds on your side is no guarantee of winning, the CBOE Volatility Index has successfully predicted most recent market upturns.
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