correction

Marcus Tuck

Equity markets are inherently volatile. The flip side of a higher long-term return is higher risk. Circa 10% corrections are not uncommon for equity markets. When they happen they are invariably accompanied by calls of a bear market coming ahead of an impending recession. Occasionally, those calls are right, but... Show More

Roger Montgomery

Alas, there’s no magic signal to tell us when this market could savagely correct. The latest note of caution comes from famed US investor, Jeremy Grantham. He believes we are seeing a ‘melt-up’ in the stock market – the final stages of a great bubble near to bursting. Show More

Marcus Padley

Some long-term Marcus Today followers will remember the story about a Member who used to work in a Collins Class submarine on weapons systems (computer whizz). When they surfaced he would download stock-market data. When they submerged he would spend many hours of idle time back testing numbers looking for... Show More

Livewire Exclusive

The Dow Jones’ 2-day, 1,800-point correction, left many investors scrambling for ideas on Monday and Tuesday. By 10:30am Wednesday, many stocks had recovered close to their previous highs. While most experienced investors know that corrections and crashes can offer great buying opportunities, it’s easy to be caught off guard by... Show More

Nathan Bell

If you’re a know-something investor, then you’ve likely been expecting or hoping for a correction with increased volatility for a while. Corrections are normal, what’s been abnormal is the 59% increase in the S&P500 from the low of 1,810 in February 2016 without a 5% correction. Clearly this blissful period... Show More

Alex Cowie

Mark Haefele, the Global Chief Investment Officer at UBS penned a short note on the US market’s drastic pullback, calling for calm and suggesting it is not time to reduce exposure, not unless rates or inflation keep rising. Here’s his comment in full: Show More

Callum Thomas

Following on from the popular post on the seasonal turning point for the VIX last week, here's an insight into seasonality for the S&P500. The chart shows 2017 superimposed on the historical average price movement across the year, and it looks like a fairly decent fit, with the implication being... Show More

Livewire News

This chart from JP Morgan Funds shows historical bear markets (a 20% market decline from the previous all time high), what caused them, and the magnitude of the drawdown. “This is meant to illustrate that lofty valuations are not predictors of bear markets, but rather, bear markets are caused by... Show More

Chad Slater

I wouldn't normally blog about a down day or why this correction is taking place - there is always a reason after the fact, this time it happens to be China. No, last night (Monday night Australian time) in the USA was a LOT worse than what it looks like.... Show More

Livewire Exclusive

Justin Braitling, Chief Investment Officer at Watermark Funds, believes the domestic and global outlook is pointing to a sustained period of low growth. Against this backdrop Braitling says you need to focus on investing in companies with ‘privileged assets’ and the ability to exert pricing power. He uses the example... Show More

Livewire News

According to Bespoke Investment Group the market usually outperforms in the weeks after a sell-off of greater than 5%. “If you're trying to decide what to do this week, maybe Bespoke's chart will help. It gives you a look at what happened in the S&P 500 in the weeks following... Show More

Steve Johnson

This is not a time for hand holding. This post is for those, like us, excited about the falls we are seeing on global markets. It's for those, like us, who use these opportunities to invest. It's time to get busy and here's how to go about it: Show More