So far, 2018 has seen more than its fair share of market ups and downs. So with all of this volatility, where do we go from here?
While history does not always repeat itself, there have been some striking similarities over the last four corrections cycles that are worth considering.
As far as corrective phases go, the first seven months of 2018 have closely followed the path of the average of the previous four market pullbacks in 2010, 2011, 2012 and 2015. As the chart above shows, in those four years the final quarter showed some very strong returns.
So if history is any indicator, we may be on track to end the year on a very strong note.
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