Skip to main content
research report

Globe editors have posted this research report with permission of Phases & Cycles Inc. This should not be construed as an endorsement of the report’s recommendations. For more on The Globe’s disclaimers please read here. The following is excerpted from the report:

The S&P 500 has been in no hurry to pause or pull back during its recent advance. But bull markets do not move in straight lines forever, and a period of healthy correction and consolidation to refresh this one is overdue. January should see weakness, with the downside risk remaining around 3-5 per cent, as previously projected. News-related volatility may occur.

Following this correction, we expect another up-leg, leading to more all-time highs.

Read the full report here.

Read other research reports here

Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.