Keep your stock market seat belts fastened 🎢
Market turbulence is normal, and it can hit suddenly ⚠️
In the same way it’s smart to keep your seat belts buckled for an accident that may never happen, it can be wise to be mentally on guard for that next big stock market sell-off.
Because in investing, market volatility is just part of the deal.
It’s a message more and more Wall Street pros are communicating amid this relatively calm stock market rally.
“I think the chance of a 10% correction is highly likely sometime between now and the election,” Morgan Stanley’s Mike Wilson told Bloomberg on Monday.
Wilson may have a reputation for being one of the more bearish strategists on Wall Street. But his warning is rooted in historical precedent.
