🍔S&P500 in Correction. Time to Buy?
10 important signs we've reached the bottom
Investors,
We helped premium subscribers avoid this market bloodbath, as shared here. The Nasdaq is now down -14% from the peak and in correction, its worst start to a year since 2022.
With the barrage of bad news (earnings falling, economy deteriorating, unemployment rising, tariff uncertainty) investors have reasons to be worried. Is the bottom in yet? Should you be selling or buying? We’ll help you answer that!
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In today’s piece we’ll discuss whether it’s time to buy stocks.
Market narratives
It’s important to follow the narrative to understand what investors are thinking. This week, several Wall Street investment banks (Goldman Sachs, Morgan Stanley, etc.) cut their economic growth forecasts and raised recession probabilities. The market narrative has now switched to DOGE-driven cuts being bad for the economy.
But what good is changing your mind when the market is already down -10% from the peak? It’s too late to sell now if you haven’t already. This is a big reason we find economists’ opinions unhelpful — it’s always backwards looking. Thankfully, MktContext was ahead of the curve and has been calling for a growth scare since Feb 9 in one of our most-read posts ever.
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10 signs the bottom is near
The current economy
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