“The Stock Market Can’t Get Much Better From Here. Why a Correction Could Be Coming.”
January 19, 2021
“Prices already reflect a wallop of government spending and central-bank aid that can’t get much larger from here, Bank of America warns. Other market watchers are downbeat as well…
At the same time, investors are now holding far less cash than they were just months ago. The need to preserve firepower to buy at lower prices makes them less likely to step into the market to buy on minor dips…”
The worst things tend to happen when people are not prepared. I’m not leaning towards a correction at this point but this bit of information in bold above is very important and quite troublesome.