Expect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record
Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.Get ready for the most severe correction since the bull market began in March 2020.To be sure, predictions are a dime a dozen on Wall Street. But this one comes from Hayes Martin, president of investment advisory firmMarket Extremes. I was introduced to Martin’s work several years ago and since then I’ve found his predictions of market turning points to be impressive. . I devoted two columns to Martin’s f